Comments on: Rap video on Keynes (and Hayek) http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html where orders emerge Mon, 16 Jan 2012 02:06:33 +0000 hourly 1 http://wordpress.org/?v= By: Anonymous http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html/comment-page-1#comment-186267 Anonymous Sun, 18 Oct 2009 04:09:00 +0000 http://cafehayek.com/?p=6894#comment-186267 And I thought Hayek was famous for winning the Nobel Prize! And the fact that he thought Keynes was far more intelligent than him proves exactly which part of your thesis that he was "nearly impossible to read?" I presume that statement refers to your experience with trying to read exactly which books? Your argument that intelligence was part of Keynes' problem is really astonishing. Is your argument that one must be stupid to understand economics? And I thought Hayek was famous for winning the Nobel Prize! And the fact that he thought Keynes was far more intelligent than him proves exactly which part of your thesis that he was “nearly impossible to read?” I presume that statement refers to your experience with trying to read exactly which books? Your argument that intelligence was part of Keynes’ problem is really astonishing. Is your argument that one must be stupid to understand economics?

]]> By: Anonymous http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html/comment-page-1#comment-186265 Anonymous Sun, 18 Oct 2009 03:57:00 +0000 http://cafehayek.com/?p=6894#comment-186265 If not monetarism, what would you say are the triumphant ideas of this resurgence? If not monetarism, what would you say are the triumphant ideas of this resurgence?

]]> By: Anonymous http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html/comment-page-1#comment-186262 Anonymous Sun, 18 Oct 2009 02:31:00 +0000 http://cafehayek.com/?p=6894#comment-186262 Actually, Hayek is famous for saying that Keynes was far more brilliant and intelligent than Hayek was; which is part of Keynes' problem and is the problem with all the "men of system." Actually, Hayek is famous for saying that Keynes was far more brilliant and intelligent than Hayek was; which is part of Keynes’ problem and is the problem with all the “men of system.”

]]> By: Anonymous http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html/comment-page-1#comment-186261 Anonymous Sun, 18 Oct 2009 02:30:00 +0000 http://cafehayek.com/?p=6894#comment-186261 No, I am referring to the resurgence of Austrian economics. A well known resurgence. <i>Keynes was anything but insulated.</i> He was extremely isolated in exactly the way that I described. Compare his life to that of the far more cosmopolitan and to the far more broadly read Schumpeter. Keynes remained essentially English and of a particular type of English personality throughout his entire life. No, I am referring to the resurgence of Austrian economics. A well known resurgence.

Keynes was anything but insulated.

He was extremely isolated in exactly the way that I described. Compare his life to that of the far more cosmopolitan and to the far more broadly read Schumpeter. Keynes remained essentially English and of a particular type of English personality throughout his entire life.

]]> By: Anonymous http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html/comment-page-1#comment-186260 Anonymous Sun, 18 Oct 2009 02:21:00 +0000 http://cafehayek.com/?p=6894#comment-186260 Keynes was anything but insulated. I will admit that he never really tried to understand the Austrian school. He thought Marshall was enough. You really should try reading Skkidelsky's biography, which you were honest enough to admit that you hadn't read. As for the resurgence of Austrian economics, do you mean in the United States? I assume you are talking about the rise of admiration for Friedman's monetarism. After the events of the last two years, I would say that any such resurgence is in a shambles, but that is exactly the target of Kaldor's book The Scourge of Monetarism, another book that I would recommend to you. Best regards. Keynes was anything but insulated. I will admit that he never really tried to understand the Austrian school. He thought Marshall was enough. You really should try reading Skkidelsky’s biography, which you were honest enough to admit that you hadn’t read. As for the resurgence of Austrian economics, do you mean in the United States? I assume you are talking about the rise of admiration for Friedman’s monetarism. After the events of the last two years, I would say that any such resurgence is in a shambles, but that is exactly the target of Kaldor’s book The Scourge of Monetarism, another book that I would recommend to you.

Best regards.

]]> By: Anonymous http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html/comment-page-1#comment-186254 Anonymous Sat, 17 Oct 2009 23:50:00 +0000 http://cafehayek.com/?p=6894#comment-186254 "nearly impossible to read" It is common among elites to mistake incoherence for brilliance. Invested in their own intellectual superiority, few are willing to admit when an argument doesn't make sense to them, for fear that it is because of their own deficiencies rather than the deficiencies of the arguer. “nearly impossible to read”

It is common among elites to mistake incoherence for brilliance. Invested in their own intellectual superiority, few are willing to admit when an argument doesn’t make sense to them, for fear that it is because of their own deficiencies rather than the deficiencies of the arguer.

]]> By: Anonymous http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html/comment-page-1#comment-186250 Anonymous Sat, 17 Oct 2009 23:06:00 +0000 http://cafehayek.com/?p=6894#comment-186250 Having read both I would say that the thing about Keynes is that he is a bit like Marx or Hegel; nearly impossible to read. Hayek's prose - as well as Schumpeter's - has the beauty one tends to find in non-native speakers of English. You see the same thing with the writing of Conrad (for your edification he wrote - amongst other things - "The Heart of Darkness").Of course Keynes comes off as the insulated, snotty Brit that he was; as a personality he reminds one of the elitist, Boston Brahmins of the antebellum period who tought that their particular patch of dirt was all that one needed to consider in the world.Earlier your were making great hay about how some of Hayek's students had abandoned him; well, as a counter to this, please explain the dramatic resurgence of Austrian economics since the 1970s. Having read both I would say that the thing about Keynes is that he is a bit like Marx or Hegel; nearly impossible to read. Hayek’s prose – as well as Schumpeter’s – has the beauty one tends to find in non-native speakers of English. You see the same thing with the writing of Conrad (for your edification he wrote – amongst other things – “The Heart of Darkness”).Of course Keynes comes off as the insulated, snotty Brit that he was; as a personality he reminds one of the elitist, Boston Brahmins of the antebellum period who tought that their particular patch of dirt was all that one needed to consider in the world.Earlier your were making great hay about how some of Hayek’s students had abandoned him; well, as a counter to this, please explain the dramatic resurgence of Austrian economics since the 1970s.

]]> By: Anonymous http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html/comment-page-1#comment-186249 Anonymous Sat, 17 Oct 2009 22:54:00 +0000 http://cafehayek.com/?p=6894#comment-186249 Yes, some do prefer fiction to nonfiction. Yes, some do prefer fiction to nonfiction.

]]> By: Anonymous http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html/comment-page-1#comment-186247 Anonymous Sat, 17 Oct 2009 22:14:00 +0000 http://cafehayek.com/?p=6894#comment-186247 I would say that Keynes is a far piece less dull than Hayek. You should try reading both and report back to us. I would say that Keynes is a far piece less dull than Hayek. You should try reading both and report back to us.

]]> By: Anonymous http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html/comment-page-1#comment-186246 Anonymous Sat, 17 Oct 2009 22:12:00 +0000 http://cafehayek.com/?p=6894#comment-186246 You may think Keynes evil, but Hayek certainly didn’t. Hayek, like many other intelligent Austrians, greatly admired Keynes’ courage and far-sightedness for walking away from the treaty negotiations at Versailles after WWI over the issue of reparations. Keynes rightly saw that reparations were unfair and would advance the cause of the worst elements in the Germany political scene. Those elements triuumphed in 1933. Even after a rather bruising exchange in the journal Economica, which Keynes edited, over Hayek’s review of Keynes’ Theory of Money, Keynes arranged for rooms for Hayek at Cambridge when Hayek needed to leave London during the blitz. They corresponded until Keynes death and while Hayek thought that Keynes didn’t fully appreciate the Austrian Theory of Capital, which was no doubt true, he recognized his genius. He certainly didn’t think him evil. You may think Keynes evil, but Hayek certainly didn’t. Hayek, like many other intelligent Austrians, greatly admired Keynes’ courage and far-sightedness for walking away from the treaty negotiations at Versailles after WWI over the issue of reparations. Keynes rightly saw that reparations were unfair and would advance the cause of the worst elements in the Germany political scene. Those elements triuumphed in 1933. Even after a rather bruising exchange in the journal Economica, which Keynes edited, over Hayek’s review of Keynes’ Theory of Money, Keynes arranged for rooms for Hayek at Cambridge when Hayek needed to leave London during the blitz. They corresponded until Keynes death and while Hayek thought that Keynes didn’t fully appreciate the Austrian Theory of Capital, which was no doubt true, he recognized his genius. He certainly didn’t think him evil.

]]> By: Anonymous http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html/comment-page-1#comment-186053 Anonymous Fri, 16 Oct 2009 05:54:00 +0000 http://cafehayek.com/?p=6894#comment-186053 If you're looking for a serious critique, you should try an academic journal rather than a blog. If you’re looking for a serious critique, you should try an academic journal rather than a blog.

]]> By: Steve http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html/comment-page-1#comment-186017 Steve Thu, 15 Oct 2009 21:20:00 +0000 http://cafehayek.com/?p=6894#comment-186017 totally dude, totally... we are 37th! READ IT AND WEEP! totally dude, totally… we are 37th! READ IT AND WEEP!

]]> By: Anonymous http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html/comment-page-1#comment-185983 Anonymous Thu, 15 Oct 2009 16:42:00 +0000 http://cafehayek.com/?p=6894#comment-185983 Thanks so much for your reply. There are plenty of targets for lampooning in Keynes. His wit was often wicked at other people's expense. But I still wonder about why so many of Hayek's students left the fold after the General Theory was published. If you could point out anything on your site that answers that question, I would appreciate it. Thanks so much for your reply. There are plenty of targets for lampooning in Keynes. His wit was often wicked at other people’s expense. But I still wonder about why so many of Hayek’s students left the fold after the General Theory was published. If you could point out anything on your site that answers that question, I would appreciate it.

]]> By: matt http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html/comment-page-1#comment-185962 matt Thu, 15 Oct 2009 13:49:00 +0000 http://cafehayek.com/?p=6894#comment-185962 wait, you're still learning to pee? wait, you’re still learning to pee?

]]> By: Santtu http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html/comment-page-1#comment-185963 Santtu Thu, 15 Oct 2009 13:49:00 +0000 http://cafehayek.com/?p=6894#comment-185963 Best way to fight evil is to ridicule it. Best way to fight evil is to ridicule it.

]]> By: Anonymous http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html/comment-page-1#comment-185961 Anonymous Thu, 15 Oct 2009 13:46:00 +0000 http://cafehayek.com/?p=6894#comment-185961 The popularity of an idea or an intellectual movement is not in any way a sign of its verity. If it were then we'd all be Marxists. The popularity of an idea or an intellectual movement is not in any way a sign of its verity. If it were then we’d all be Marxists.

]]> By: Anonymous http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html/comment-page-1#comment-185959 Anonymous Thu, 15 Oct 2009 13:42:00 +0000 http://cafehayek.com/?p=6894#comment-185959 For those who are not in the know, Skidelsky won prizes all over the map for his three volume biography of Keynes. I must admit that I have never read them myself. For those who are not in the know, Skidelsky won prizes all over the map for his three volume biography of Keynes. I must admit that I have never read them myself.

]]> By: Anonymous http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html/comment-page-1#comment-185956 Anonymous Thu, 15 Oct 2009 13:33:00 +0000 http://cafehayek.com/?p=6894#comment-185956 People such as yourself claiming that libertarians live inside a bubble is not novel, it is an obsession. So much so that libertarians have made a drinking game around such things because such commentary is both entirely predictable and incredibly dull. The liquor helps us get past the second part the best. People such as yourself claiming that libertarians live inside a bubble is not novel, it is an obsession. So much so that libertarians have made a drinking game around such things because such commentary is both entirely predictable and incredibly dull. The liquor helps us get past the second part the best.

]]> By: Anonymous http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html/comment-page-1#comment-185954 Anonymous Thu, 15 Oct 2009 13:30:00 +0000 http://cafehayek.com/?p=6894#comment-185954 BTW, Robert Skidelsky was asked if the Keynes lyrics (he has not seen the Hayek ones) gave a fair account of Keynes. His response: "Absolutely fair and brilliantly rhymed. It’s not a complete account of Keynes but it seems to be completely right." BTW, Robert Skidelsky was asked if the Keynes lyrics (he has not seen the Hayek ones) gave a fair account of Keynes. His response:

“Absolutely fair and brilliantly rhymed. It’s not a complete account of Keynes but it seems to be completely right.”

]]> By: Anonymous http://cafehayek.com/2009/10/rap-video-on-keynes-and-hayek.html/comment-page-1#comment-185952 Anonymous Thu, 15 Oct 2009 13:27:00 +0000 http://cafehayek.com/?p=6894#comment-185952 It will be serious. It will be fair to both people. And it will have lots of educational resources to help readers who want more info. It will be serious. It will be fair to both people. And it will have lots of educational resources to help readers who want more info.

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