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This made me think of Keynes.

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MacFall Posted: Wed, Sep 8 2010 11:21 AM

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Haha.  Im litterally laughin my a** off.

In States a fresh law is looked upon as a remedy for evil. Instead of themselves altering what is bad, people begin by demanding a law to alter it. ... In short, a law everywhere and for everything!

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"It is better to be roughly right than precisely wrong." - Keynes, on making sweeping statements about business cycles.

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Jackson replied on Wed, Sep 8 2010 12:04 PM

"it is better to be precisely right than precisely wrong." - Jackson, on Keynes making excuses for his seeping statements about business cycles.

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Link please!

Freedom has always been the only route to progress.

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Keynes and causation-denial: I'm not seeing the correlation.

"I'm not a fan of Murray Rothbard." -- David D. Friedman

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MacFall replied on Wed, Sep 8 2010 11:29 PM

Keynes denied the existence of causal laws in one of his early publishings.

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MacFall replied on Wed, Sep 8 2010 11:29 PM

The site is Saturday Morning Breakfast Cereal webcomic.

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Keynes denied the existence of causal laws in one of his early publishings.

Keynes was also a free trader turned protectionist turned free trader, so it's unlikely he would have still held his view from early in his life.

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Azure replied on Thu, Sep 9 2010 3:27 AM

Keynes and causation-denial: I'm not seeing the correlation.

I agree. I don't like Keynes but not every intellectual mistake can be applied to his work. The causality denial accusation is more fitting to the soviet-apologizers that are still rampant in academia.

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MacFall replied on Thu, Sep 9 2010 8:22 AM

I agree. I don't like Keynes but not every intellectual mistake can be applied to his work. The causality denial accusation is more fitting to the soviet-apologizers that are still rampant in academia.

He didn't deny causality per se, he denied causal laws. He said something along the lines of that we can predict a causal relationship will exist in the future where we have observed one in the past, but not with absolute certainty. That attitude explains some of the inconsistencies in his economic writings. But even if he didn't say it, such a belief would have to underly those inconsistencies in the first place, unless he was just making crap up that he himself didn't even believe.

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MacFall:
He said something along the lines of that we can predict a causal relationship will exist in the future where we have observed one in the past, but not with absolute certainty.

That's just the problem of induction.

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StrangeLoop:

MacFall:
He said something along the lines of that we can predict a causal relationship will exist in the future where we have observed one in the past, but not with absolute certainty.

That's just the problem of induction.

Solved by one of those Germans he probably couldn't read, i.e. Immanual Kant. 

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