icantfindaname posted:

So first off, "Keynesianism" in terms of academic theory isn't a thing, other than the fact that Keynes was basically the founder of what is now Macroeconomics. Keynes' theory is a standard, integral part of the academic social science of economics. Austrian "economics" is basically bullshit charlatanism that literally rejects scientific empiricism (because scientific empiricism indicates that government intervention is needed to maximize GDP). So as for the bolded loving . See here. The thing about demand is complete bullshit. The guy you're talking to should take an Econ 101 course, and stop reading literature distributed by libertarian lobbying groups

A better explanation for why autistic engineering types like libertarianism is because their education in the humanities is usually awful and they're more susceptible to intellectual snake oil because of it, combined with the fact that they tend to be whiter, maler and wealthier and thus stand to benefit materially from it