Saturday, December 14, 2013

Armed, dangerous, and ...

Keynesian, he said;
The teenage gunman who entered Arapahoe High School on Friday afternoon and shot two fellow students with a shotgun was outspoken about politics, was a gifted debater and might have been bullied for his beliefs, according to students who knew him.
We eagerly await commentary from Paul Krugman on this;
In one Facebook post, Pierson attacks the philosophies of economist Adam Smith, who through his invisible-hand theory pushed the notion that the free market was self-regulating. In another post, he describes himself as "Keynesian."
"I was wondering to all the neoclassicals and neoliberals, why isn't the market correcting itself?" he wrote. "If the invisible hand is so strong, shouldn't it be able to overpower regulations?"
Pierson also appears to mock Republicans on another Facebook post, writing "you republicans are so cute" and posting an image that reads: "The Republican Party: Health Care: Let 'em Die, Climate Change: Let 'em Die, Gun Violence: Let 'em Die, Women's Rights: Let 'em Die, More War: Let 'em Die. Is this really the side you want to be on?"
When Keynesianism is outlawed....

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