rant · moment 11 of 16
Keynesians vs Friedman: Both Sides Run the Table
from The Long Island Way · #45
Audio-only archive episode — no video to seek.
2 minTim expands the horseshoe theory to economics, arguing Keynesians and Milton Friedman-style free marketeers are functionally doing the same manipulation, and that American political debate is theater with no real stakes for the elite.
- 33:13Keynesians and Milton Friedman, the famous free market economist, are basically the same fucking bullshit—both just pump money into the economy for different reasons.
- 33:37Tim argues Democrats and Republicans, along with competing economic ideas, are two sides of the same table—everyone's running both sides so they win either way.
- 33:52There's no real argument between small-government and big-government theorists because nobody actually wants small government; it's all manufactured political theater about tax rates.
- 34:07Political discourse is over—the era of reason has ended, as shown by how cartoonish modern politics has become, and yet Trump actually became president.
Donald TrumpBillionsMilton FriedmanMurray RothbardAdolf HitlerMussoliniStalinKellyanne Conway