A strong Keynesian argument that speaks to the American people

Actually America was the most liberal democracy until after WW 2.

https://www.youtube.com/watch?v=U1S9F3agsUA&feature=player_embedded

When Keynes was doing his thing the US was just coming off the Roaring Twenties, so, this wasn't true at that point...

Cain's not only anti-muslim, but he also is pretty anti-the poor. Which means he's pretty anti-most of his own race

Let's not discuss that anymore.

@USAF: In terms of social programs it was.

If you mean after the New Deal, then maybe. But that wasn't until into the '30s. We didn't have jack shit in the '20s, due to... well... due to a situation almost copied directly out of the current situation.

Just substitute "housing market collapse" with "stock market collapse."

But nobody else did, USAF.

Nobody else did what?

Nobody else had any social programs before the Great Depression either.

Well, point is, we were the most liberal Western nation in the early 1900s, until after the First World War. Then we got in line with everyone else, before running liberal again during the Great Depression, and finally cutting a conservative profile compared to Europe up until Nixon, at which point we really started diving into the Right part of the economic policy spectrum.

edited 7th Oct '11 6:03:48 PM by USAF713

Then yes. That's a lot of of liberalness.

Well, what I was contesting is the idea that we were the most liberal democracy when Keynes was out and about.

This is important. Such is why he was ignored when he came up with his ideas, and then when FDR got into power he was finally listened to... sort of.

edited 7th Oct '11 6:26:40 PM by USAF713

It's like some kids cartoon, where the blowhard steals all the smart guy's ideas...

You mean uses.

I'm doing FDR for a semianr in American History class, so I'll come back to this after research.

Ah, FDR. My... second favorite American President.

Smart enough to know he wasn't smart enough to know everything.

Sadly, Mr. Truman couldn't finish the second half of Keynesian economics due to the Cold War, although Eisenhower sort of tried, albeit unintentionally relative to Keynes.

Who's your first? Ike?

Lincoln > FDR > Eisenhower > LBJ.

Hey, an even party split. I didn't intend for that, actually.

It happens.

What, Theodore isn't on there? For shame~

Mr. (Theodore) Roosevelt is fifth, actually. He loses to Eisenhower and LBJ for having slightly worse foreign policy without the justification of war with the Soviet Union just around the contemporary corner.

Anyhow, back to topic, I think FDR is a good model for how to handle a Keynesian approach to economic crisis, and I like to cite him when I make the argument for Keynesian economic. Do any foreign tropers have somebody who did Keynesian economics very well, historically?

edited 7th Oct '11 6:53:08 PM by USAF713

Pity evidence heavily suggests otherwise.

I can't really say with any definitiveness whether or not that particular theory is true, as I'm not really much for the finer points of economics. I do know that the New Deal and the Keynesian approach to things in the Great Depression is highly controversial, but...

Wait, what? They used pre-depression statistics to figure out post-depression growth? How exactly does that work?

And why should I believe one group of economists that could have very easily be controlled by groupthink?