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antonydavies

  1. @jontycampbell @SteveTheRawMan @FriedrichHayek Point was to smooth business cycles. Make the downs less down and the ups less up. about 3 hours ago via web in reply to jontycampbell
  2. @SteveTheRawMan @jontycampbell @FriedrichHayek Govt spending up during recession but down during expansion. Countercyclical spending. about 3 hours ago via web in reply to SteveTheRawMan
  3. @SteveTheRawMan @jontycampbell @FriedrichHayek Keynes held that govt was supposed to contract spending as GDP grew. Politicians ignore this. about 3 hours ago via web in reply to SteveTheRawMan
  4. @jontycampbell @TimHarford My goal in life is to do a TED talk. TED > Nobel. about 3 hours ago via web in reply to jontycampbell
  5. @SteveTheRawMan @jontycampbell @FriedrichHayek Macro *should* be micro on a large scale. In practice, isn't. Too many assumptions needed. about 3 hours ago via web in reply to SteveTheRawMan
  6. @SteveTheRawMan @jontycampbell @FriedrichHayek Ignorance. Real problem isn't Keynesianism but abuse of Keynesianism by politicians. about 3 hours ago via web in reply to SteveTheRawMan
  7. @jontycampbell @SteveTheRawMan @FriedrichHayek Keynes to econ like Ptolemy to astronomy. Observation but no connection to first principles . about 4 hours ago via web in reply to jontycampbell
  8. @SteveTheRawMan @jontycampbell @FriedrichHayek Micro based on human motivation and limitation. Macro based on accounting definition of gdp. about 4 hours ago via web in reply to SteveTheRawMan
  9. @jontycampbell I developed the framework used for analyzing multidimensional forecast data. about 4 hours ago via web in reply to jontycampbell
  10. @FriedrichHayek Don't confuse "macroeconomics" and "economics". Macro is founded on accounting identities not behavioral principles. about 4 hours ago via web in reply to FriedrichHayek
  11. @jontycampbell PS: My figures only go back to 1950. about 4 hours ago via web in reply to jontycampbell
  12. @jontycampbell Ignoring Clinton's shell game with SS, it's Truman with a surplus of 1.9% of GDP in 1951. about 4 hours ago via web in reply to jontycampbell
  13. @jontycampbell As % of GDP Clinton (if you ignore the fact that he padded the numbers by not counting $ borrowed from Social Security) about 4 hours ago via web in reply to jontycampbell
  14. Engaging in commerce doesn't mean you understand economics any more than having sex means you understand genetics. triblive.com/opinion/186642… 4:46 AM May 27th via Twitter for iPhone
  15. @jontycampbell, not one that hits at economic philosophy. However, for practical economics, I highly recommend The Armchair Economist. 12:03 PM May 21st via web in reply to jontycampbell
  16. The impending burst of the education bubble will be far more damaging than the housing bubble. washingtonexaminer.com/opinion/op-eds… 3:17 PM May 16th via web
  17. Unions ask that you please refrain from appreciating teachers. sun-sentinel.com/news/opinion/f… 11:46 AM May 11th via web
  18. Apropos to Social Security's recent announcement that it will be bankrupt before today's 40 year olds retire: youtu.be/PLTfOAYfbao 10:43 AM May 2nd via web
  19. Since 1950, the per-person cost of government has risen 3,000%. The cost of health care has risen only 2,000%. youtu.be/pES9C7fX_Co 9:03 AM Apr 25th via web
  20. Economies grow where people are free. trib.me/I0qgDA 4:50 AM Apr 22nd via Twitter for iPhone
  • Name Antony Davies
  • Location United States
  • Web http://www.antoli...
  • Bio Economist, Duquesne University, Mercatus Center
1 Following 235 Followers 7 Listed
Ellis Cannon