Apparently he forgot he was mocking Patrick. Saw the 'Kool-Aid' and partisanship and just hit the quote button without looking at the name. At least that's what I hoped happened otherwise...
actually republicans first and for most Ronald Reagan was preaching Austrian economics slogans , yet acting limping keynsian economics
Um no. Reagan was a proponent (at least in rhetoric) of supply-side econ. There has not been a prominent politician in DC aside from Ron Paul to support the Austrian school for a while now.
you are right here . actually ,the way I understand it ; supply-side econ Assumptions that economic growth can be most effectively created by lowering barriers for people to produce goods and and services , is shared by many schools of economics . they defer on how to make it happen what barrier to demolish . and what to guard against .with the exception of the Austrian school that they say the market is capable of doing that and can correct itself and therefore against any interference .
Similar threads
