Results 1 to 2 of 2

Thread: Economic Schools/Systems - American School/National System

  1. #1
    Contributor Wayfarer's Avatar
    Join Date
    10 Feb 10
    Location
    Australia
    Posts
    498

    Economic Schools/Systems - American School/National System

    American School (economics) - Wikipedia, the free encyclopedia

    I was wondering if anyone had any more information on the American School.

    How did Keynesian economics come to supplant this, then the Austrian School?

    Is the American Schools idea inapplicable in a globalized world? Are Liberals(Libertarians/Free-Marketeers) here (old definition of a liberal) for or against such a system? Do you think that the practical application of this idea would go some way towards solving the U.S's economic malaise?

    I know very little about these apart from reading Wikipedia articles, so go easy.

    Also, on Neo-Keynesian economics.. what are some good critics of Neo-Keynesian economic models? Websites/blogs/news sources. I hear the uni-progressives who are networked well with my teachers constantly mention Krugman and Stiglitz.

  2. #2
    Regular
    Join Date
    29 May 11
    Location
    Maine
    Posts
    132
    The American school economic approach certainly worked in the 18th and 19th century.

    We just don't live in those centuries anymore.

    Increasingly world interdependence for resources and markets, too, makes our past semi-isolationism impractical.

    I'm not entirely sure I know what "neo-Keynesian" economics really means, so I'll refrain from responding.

    But I will submit that what our government is doing right now is NOT a terrible good example of what Keynesian econmic theory promoted as a solution to the deflationary cycle that we faced in '29 -41.

    Don't get so hung on on lables that your mind shuts down.

    The devil is always in the details.
    Last edited by editec; 29 May 11, at 16:43.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Replies: 66
    Last Post: 17 Apr 11,, 01:30
  2. American Economic Mobility
    By Shek in forum American Politics & Economy
    Replies: 29
    Last Post: 16 Apr 11,, 12:42
  3. School Makes Boy Take American Flag Off Bike ...
    By YellowFever in forum American Politics & Economy
    Replies: 37
    Last Post: 18 Nov 10,, 13:17
  4. Indian boy's first day in an American school
    By gamercube in forum World Affairs Board Pub
    Replies: 4
    Last Post: 29 Mar 08,, 13:02
  5. American National Anthem
    By Winnipeg10 in forum International Politics
    Replies: 18
    Last Post: 24 May 07,, 21:36

Share this thread with friends:

Share this thread with friends:

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •