Keynesians vs. Austrians on The Simpsons

[green73]

http://www.economicpolicyjournal.com/2013/01/keynesians-vs-austrians-on-simpsons.html

 

[compromise]

[video=vimeo;57364562]http://vimeo.com/57364562[/video]
Video

 

[green73]

Thanks, Comp. Didn't think you could embed vimeo here

 

[Confederate]

+rep compromise for saving me having to click on an EPJ link.

 

[green73]

+rep compromise for saving me having to click on an EPJ link.

Yeah fuck that site. They don't blindly love everything Rand does.

 

[helmuth_hubener]

We're hitting the big time! Soon "Austrian School" will be a household word. As it is now, when I talk to guys majoring in economics, they have never heard of the Austrian School. Just last week, I was talking to a guy.

"So what are you studying?"
"Economics"
"Oh, wow! What kind of economics are you most interested in?"
"International Economics, probably mostly because I like that teacher."
"Cool. So, my hobby is economics. Have you ever heard of Austrian Economics? You could also call it Causal Realist."
"No."
"Mises?"
"Uhh..."
"Ludwig von Mises"
"No."
"Murray Rothbard? Hayek?"
"No."
"Oh, well, you've heard of Richardo, right? The English Classical School?"
"Yeah, Richardo, sure."
"Well, it's kind of like that, but they took the ideas further. Free market."
"OK."
"Check it out. Austrian Economics. It's awesome. The only economics that's right!"

So we have a long way to go. Any publicity is good.

 

[emazur]

I saw it last night - if that was supposed to be a joke, I don't get it.

 

[juleswin]

I saw it last night - if that was supposed to be a joke, I don't get it.

Me too, hiding by the side of the rocks and climbing trees? that one just flew over my head

 

[american.swan]

One of the OP link comments mentioned trees make paper, print money... While hiding under rocks could mean gold, silver, something tangible.

 

[seapilot]

Or it could be the Keynsians are stuck up a tree with no way down while the Austrians are hiding under rocks means they are not being heard by many people. Kind of like that saying "Where have you been hiding under a rock?" means no one has heard from them for awhile.

 

[hauntedbaby]

nevermind

 

[dannno]

Also it could also be that Keynesians are more pro-active about trying to fix the economy even though their solutions are only temporary whereas Austrians see an economic crisis and rather than trying to proactively solve it they hide under rocks and try to protect their wealth.

 

[Occam's Banana]

Or it could just be an attempt at a comedic non sequitur with no particular meaning or significance at all ... /Occam's Razor

 

[AGRP]

Seems like an attack. Hiding under a rock is a metaphor for someone who a recluse and is shut off from the world. At least its mentioned which would of never happened before Ron Paul. Perhaps matt is sending an ambiguous message like hes known to do until he reveals what he means 20 years from now.

 

[Athan]

Also it could also be that Keynesians are more pro-active about trying to fix the economy even though their solutions are only temporary whereas Austrians see an economic crisis and rather than trying to proactively solve it they hide under rocks and try to protect their wealth.

It struck me as this. Not protect "wealth" but wait out the doomsday panic.

 

[Occam's Banana]

Also, it wasn't so much Keynesians vs. Austrians as it was Keynesians-and-Austrians vs. the hounds. And the hounds were clearly the winners ...

What are we to make of that?

 

[emazur]

Also, it wasn't so much Keynesians vs. Austrians as it was Keynesians-and-Austrians vs. the hounds. And the hounds were clearly the winners ...

What are we to make of that?

I dunno, but if I was being chased by hounds I know I'd rather try to climb a tree than hide under a rock

 

[dannno]

I dunno, but if I was being chased by hounds I know I'd rather try to climb a tree than hide under a rock

*Shakes head*

I don't know how you can call yourself a Ron Paul supporter...

 

[emazur]

my bad, I forget we're supposed to live like this which always stops hounds dead in their tracks

 

[NIU Students for Liberty]

Also, it wasn't so much Keynesians vs. Austrians as it was Keynesians-and-Austrians vs. the hounds. And the hounds were clearly the winners ...

What are we to make of that?

Thank you. This reminds me of the South Park episode involving the Republican debates and a lot of people here over-analyzed the episode, thinking that Ron Paul was replaced by a cat arguing for a return to the Constitution.