Colorado school shooter was a Keynesian
In one Facebook post, Pierson attacks the philosophies of economist Adam Smith who through his invisible hand theory pushed the notion that the free market was self-regulating. In another post, he describes himself as “Keynesian.”
It’s a very short logical step from the Broken Window Fallacy to the Wounded Bodies Fallacy. Keynesians believe in breaking things, starting wars, and creating nonsensical busywork to boost their idol, Gross Domestic Product (GDP). Think of all the GDP that Pierson created.
HT: Ace.
Source: http://www.wcvarones.com/2013/12/colorado-school-shooter-was-keynesian.html
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