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Lews
Platipus And Prog Addict



Registered: Feb 2007
Location: Hugging Whales And Saving Trees
Re: FAO: People who actually study economics

quote:
Originally posted by Lira
Anyway, being a complete outsider, there's something that I find intriguing: I hear about Hayek and Keynes all the time, yet nearly every single economics student I know is completely oblivious to their existence. What gives?

I know there should be enough criticism against their ideas by now, but have they become outdated already?




People have probably answered this already, but I have no idea how a SINGLE economics student is completely oblivious to them, let alone nearly every one you know.


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Old Post Mar-13-2012 22:51 
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Lira
Put on robe & wizard hat!



Registered: Nov 2001
Location: Brasilia, Brazil Formerly known as: Maaz
Re: Re: FAO: People who actually study economics

quote:
Originally posted by Lews


People have probably answered this already, but I have no idea how a SINGLE economics student is completely oblivious to them, let alone nearly every one you know.

To be fair, I just know a handful. But, yeah, that's precisely why I posted this thread.


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Old Post Mar-13-2012 23:03 
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Lews
Platipus And Prog Addict



Registered: Feb 2007
Location: Hugging Whales And Saving Trees
Re: Re: Re: FAO: People who actually study economics

quote:
Originally posted by Lira
To be fair, I just know a handful. But, yeah, that's precisely why I posted this thread.


Hayek is SLIGHTLY understandable, but only for someone who has taken maybe ONE class and didn't pay very much attention. Keynes is on the same level of Adam Smith.


Go slap your acquaintances for me, thanks.


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Old Post Mar-13-2012 23:07 
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DOOMBOT
Supreme tranceaddict



Registered: Sep 2004
Location:
Re: FAO: People who actually study economics

quote:
Originally posted by Lira
Dear people who study about money more than you deal with it,

I don't know much about your field of expertise, having read a book by Hayek, a Very Short Introduction to economics, and skimmed over Das Kapital until I freaked out and panicked because it was making my beard grow way too long and unkempt (found some fried egg on it later on though, score!). Anyway, being a complete outsider, there's something that I find intriguing: I hear about Hayek and Keynes all the time, yet nearly every single economics student I know is completely oblivious to their existence. What gives?

I know there should be enough criticism against their ideas by now, but have they become outdated already?

mises.org

You'll find a lot of information and talk about them there. Of course, this site will lean a lot more towards the ideas of Hayek then Keynes.

Old Post Mar-13-2012 23:10 
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Acton
VANDIT Knight



Registered: Mar 2002
Location: Leeds
Re: FAO: People who actually study economics

quote:
Originally posted by Lira
I know there should be enough criticism against their ideas by now, but have they become outdated already?


Although my education lies with the physical sciences, I work in and have great interest in macro-economics.... I'm aiming for my next professional qualification to be in this, bla, bla, bla...... this is irrelevant, but may justify me posting in this thread

... but aren't their pioneering principles still a foundation on which modern economic ideas are based?



I realise the question is rather vague, but I currently don't see how we've majorly diverted from what they originally put forward......or maybe I'm stupid.

I'm open to an educational beating.


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Old Post Mar-13-2012 23:23  England
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LAdazeNYnights
Crossing Swords



Registered: Nov 2009
Location: Los Angeles, CA
Re: Re: FAO: People who actually study economics

quote:
Originally posted by Acton


... but aren't their pioneering principles still a foundation on which modern economic ideas are based?


Keynes especially, yes. In fact, it's still a lot Keynesian material that's taught - not just theories developed from Keynes' work by others.

Old Post Mar-13-2012 23:33  United States
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DJ Itchy Tits
tranceaddict in training



Registered: Nov 2007
Location:

go check joseph schumpeter 'capitalism, socialism and democracy'. very famous book.


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Old Post Mar-14-2012 04:20  United States
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LAdazeNYnights
Crossing Swords



Registered: Nov 2009
Location: Los Angeles, CA

^d00d was born the same year as keynes
which was the year karl marx died

Old Post Mar-14-2012 04:26  United States
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pkcRAISTLIN
arbiter's chief minion



Registered: Jul 2002
Location:

i would be surprised if any student in political theory of economics hadn't at least heard the names mentioned. i know hayek won the nobel and everything but i never found that his stuff strayed too far outside philosophy (might have been reading the wrong stuff). i think keynes has had more influence in mainstream economics, though as somebody else mentioned, friedman was someone i would contrast with keynes before hayek.

hayek's philosophy was shit btw.

Old Post Mar-14-2012 07:46  Australia
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Meat187
Diese scheiß Katze



Registered: Dec 2007
Location: The Night's Plutonian Shore


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Old Post Mar-14-2012 10:06  Germany
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Lira
Put on robe & wizard hat!



Registered: Nov 2001
Location: Brasilia, Brazil Formerly known as: Maaz

quote:
Originally posted by pkcRAISTLIN
i would be surprised if any student in political theory of economics hadn't at least heard the names mentioned. i know hayek won the nobel and everything but i never found that his stuff strayed too far outside philosophy (might have been reading the wrong stuff). i think keynes has had more influence in mainstream economics, though as somebody else mentioned, friedman was someone i would contrast with keynes before hayek.

hayek's philosophy was shit btw.

I tend to read more praises than rebuttals to his work. I remember you're quite an anti-Hayek yourself, but I wonder if you could tell me what your criticism is against his ideas.

(I've got some of my own, but I'm not an economist or anything)
quote:
Originally posted by Meat187


___________________
quote:
Originally said by Adolf Fleisch Hitler
How naive can people be? Curing the COR with messy hair and philosophy?

quote:
Originally said by Maurice Moss
I came here to kick ass and drink milk... and I've just finished my milk

Old Post Mar-14-2012 16:57 
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zyklon-jay
The Real Henry Hill



Registered: Oct 2011
Location: Ici William Bumbray du service de police de la communauté urbaine de Montréal Esti.

ohhhh, you silly guys and your silly brain things. *giggles like a girl*

Old Post Mar-14-2012 17:04 
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