Edwynn
Posts: 4105
Joined: 10/26/2008 Status: offline
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~FR~ I am still waiting for either of the those clamoring that we have a Marxist university system, where, according to them, Marxism is taught in virtually every class, would provide actual evidence of such. You know, textbooks of all sorts are readily available from Abebooks, Amazon, and several other sites, almost any book in question also having an abundance of reviews, so given that it should be quite a simple matter to refer the audience here to such books, that these claimants of uni Marxism themselves have actually been exposed to, that so vehemently propound the Marxism that they claim as standard in today's university, so that we can see just what the heck they are talking about. I must have lucked out on (or bad lucked into, depending) the wrong school, myself, being as that I haven't come across a single one of such books in any courses taken thus far. What I have in fact come across is the textbooks written by Fred Mishkin and others that invariably introduce the subject of inflation by claiming that inflation is due to giving workers raises. Everything else in the standard chart models of inflation vs. interest rates or the money supply, etc, invokes nothing of wages in the process, even in their own books. Even Friedman doesn't say that. But, in Freddy Mish's own words, and I quote: "it's like with a child or a dog; they will cry, but if you give into them they will only ask for more." I am NOT kidding. The raising of prices by producers, no comensuration with increase in product quality or increase of cost of inputs, of course, never has anything to do with inflation. Nobody claiming "Keynesian" influence here has the least idea of what Keynes or Friedman or A. Smith or Hayeck or Samualson or anyone else said, not to mention any capacity to understand any of it. This is the uni's "Marxist propaganda," then? You expect us to believe this, even as you run across the floor in ideological training pants? As to the professors; I admire their restraint, for the most part, but there was one who kept saying (in an upper level macroeconomics class) that Reagan just had to let Volker go, because the inflation was so bad, so he had to bring Greenspan in to fix it. I am not kidding. She actually said this at least 3-4 times during the semester. What a freakin' Marxist! Right. The fact of the matter is that Volker, via highly unpopular interest rate increases, got inflation back to normal and after he cleaned up the mess, Reagan said "see ya!" and brought in his hero deregulator, Alan Greenspan. Obviously, that professor was a Marxist. Has anyone else here noticed that the the two propounders of "uni Marxism" claim to be going to "hard to get into" schools? I go to a lesser school, and I have to scratch my face out to get an A in the few classes that occurs, but it takes me all of 3 seconds to shoot down anything they have to say (cognitively speaking, that is; the slow typing here being another matter). Any regards, have fun guys. You got a whale of a fantasy going on there.
< Message edited by Edwynn -- 1/27/2012 10:22:22 PM >
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