Yes, I believe they are less ridiculous. And I don’t think the idea that savings and investment are often beneficial relies on believing businessmen are particularly wise.
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Replying to @diviacaroline
I'm not arguing against savings and investment, but the idea the consumers are the only ones who are hesitant to spend in a recession does seem pretty ridiculous to me.
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Replying to @guyi
I don’t think the parody Christmas carols are claiming otherwise. I think the idea that spending in a recession is clearly good is silly.
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Replying to @diviacaroline
From the perspective of individual it may seem unwise, but if fear of a recession drives an overall drop in spending the recession gets worse. Keynes wasn't as foolish as this video suggests.
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Replying to @diviacaroline
Strongly held opinions are comforting, but it seems weird to call yourself a rationalist and hold on to them in absence of evidence.
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Replying to @guyi
Thanks <3. I’ve thought about this stuff a lot, and My take is that there’s a lot of evidence for Keynesianism being basically bullshit. I think there is empirical evidence for prices being sticky downwards in many but not all circumstances. Not a crux.
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object level takes in the area of my expertise? couldnt be me 
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