In response to:

Flooded by Keynesianism

Zerubbabel Wrote: Nov 03, 2012 2:56 PM
Oh come on! Conservation is the antithesis of Consumption. Consumerism demands destruction. And destructive cycles have never failed to occur in regular cycles.
Richard31 Wrote: Nov 03, 2012 4:34 PM
Per the Krugman extension of the Keynes Economics, the solution to all of our economic problems (and those of the entire world!) for the next thousand years is simple:

1) Move all of the money printing presses into Cheyenne Mountain (safe from any conceivable attack).
2) Fire off our entire nuclear arsenal at Russia and Red China. Who will retaliate with their nukes, thus destroying everything down to even medium-sized cities and contaminating the rest with fallout.
3) Start the presses!

Just think of all the economic stimulus we will enjoy as we slowly decontaminate the soil and rebuild our cities! We will all be fantastically wealthy!
Zerubbabel Wrote: Nov 03, 2012 4:40 PM
I simply made an observation of reality and made no pretense at being an apologist for Krugman nor keynesian economics.

If you are making a moral judgement it is against our economic system of consumerism.
Paulus Textor Wrote: Nov 03, 2012 6:06 PM
The free market, with duly-recognized property rights, is the best protector of the environment. Owners of forest land, for example, have powerful incentives to maintain the value of their property. One way of managing private timber stands is to do selective thinning as a way of preventing the greatest disaster: forest fires. This also has the desirable effect of opening up the forest floor to light, which encourages growth of grasses and brush, which provides food for ruminants.

The greatest ENEMY of the environment is government-sponsored "tragedy of the commons" scenarios, in which everyone supposedly owns the land, and thus everyone exploits it as recklessly as humanly possible.
Zerubbabel Wrote: Nov 03, 2012 7:16 PM
The tragedy of the commons in Western Civilization can not be avoided until someone owns the air and water. But in other cultures it is not so. Your forests example did quite well under the native Americans until western man came here and brought the idea of property rights, and the concurrent right to deforestation, with them.

But I fail to see how this is relevant to the concept of a consumer economy being powered by destruction. I'm surprised at how so many can fail to recognize the very nature of "consumption."

Hurricane Sandy was an invader, one that splashed ashore with as much destructive power as any foreign (or perhaps interstellar) invader could hope to bring to bear against our coasts. Thus, in the opinion of economist Paul Krugman, the storm should help boost the American economy.

“If we discovered that, you know, space aliens were planning to attack and we needed a massive buildup to counter the space alien threat and really inflation and budget deficits took secondary place to that, this slump would be over in 18 months,” the Nobel Prize winning economist declared on CNN in 2011....