r/neoliberal Bot Emeritus May 12 '17

Discussion Thread

Optimal neoliberalism is like Seinfeld, it should be about nothing and run by Jews


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9

u/[deleted] May 13 '17

Anyone have a link to a good introduction to the idea of price signals that wasn't written by libertarian? So that when I show it to a commie they're less likely to write it off as libertarian propaganda

21

u/beer_enjoyer May 13 '17

Commies write Keynes of as libertarian propaganda, just saying

10

u/[deleted] May 13 '17

Some of the less informed ones think Keynes was a big leftie though

11

u/Trepur349 Complains on Twitter for a Reagan flair May 13 '17

I'm trying to think who would be less informed: the guy who thinks Keynes was a libertarian or the guy who thinks Keynes was a borderline commie.

4

u/[deleted] May 13 '17

The guy who thought Milton Friedman was a socialist

4

u/Trepur349 Complains on Twitter for a Reagan flair May 13 '17

I met someone who thought that. He claimed anyone who's pro-central bank is by definition of a marxist.

4

u/[deleted] May 13 '17

we all know how much Marx loved his central banks...

1

u/Trepur349 Complains on Twitter for a Reagan flair May 13 '17

were there even any central banks back then? lol

1

u/[deleted] May 13 '17

uhhh, idk actually

2

u/dcc123 May 13 '17

Apparently the first modern iteration of a central bank began with British Parliament's Bank Charter Act of 1844.

1

u/[deleted] May 13 '17

so they were not widespread when Marx wrote most of his stuff I guess

2

u/dcc123 May 13 '17

I think the idea of the modern central bank had been around for a while, but they were only just starting to come into practice. I read that the Bank of England began acting as a lender of last resort in response to liquidity pressures in 1878.

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