My paraphrase of Smith: "I like that Hayek guy a lot, but I don't really recognize their Keynes - but I do know another guy named Keynes who, like Hayek, has some good ideas that are worth considering along with Hayek's."
MattW, a commenter on the Cafe Hayek post, writes: "I consider myself more Hayekian than Keynesian, but even I see that Keynes’ point of view is presented very poorly. This really bugs me in any arguments because it just makes my side look worse overall; setting up a weak version to argue against only works if you’re trying to convince people who don’t know anything about the argument."
I'm glad I'm not a complete voice in the wilderness on this one. I want to re-emphasize again - I love the video and am truly impressed with what John and Russ have put together. But if you call Keynes a central planner, you ought to expect a few "WTF!!!"s from across the aisle (not "win the future").
Friday Night Music: When I’m 64
1 day ago