12.14.2013

Colorado school shooter was a Keynesian

Of course.
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."
It's a very short logical step from the Broken Window Fallacy to the Wounded Bodies Fallacy. Keynesians believe in breaking things, starting wars, and creating nonsensical busywork to boost their idol, Gross Domestic Product (GDP). Think of all the GDP that Pierson created.

HT: Ace.

1 comment:

K T Cat said...

This will not be reported. The first time they find a Tea Party schizo who shoots something up, it will be in the headlines for days. The narrative cannot be allowed to fail.

Socialism is like a pot luck

 The latest product of the American public education system, I presume:         Sure, socialism is just like a pot luck. You would have e...