This week Chuck answers a question on Keynesianism and whether or not Strong Towns is a Keynesian approach.
Show 118: Keynes
Strong Towns Network
I love your concepts about how to improve small town resiliency and the whole suburbia ponzi scheme. However, I think you should stay away from analyzing Economic policy. Your political bias and the influence Russ Roberts has over you was quite obvious in this podcast. You dissed Paul Krugman, who won a Nobel Prize, and, I would venture to say, knows a whole lot more about Economics than you do. BTW, Russ Roberts is the guy who wants to do away with the FDA. Tell that to the folks who got meningitis from a contaminated med! Please stick to what you know. I have been pushing our town leaders to have you come speak to us about "strong towns" but this podcast put doubts in my head. I may have even donated some money to the Strong Town organization, but no longer.
I forgot where you get your economic news that you mention in this podcast, but here's where I get mine. The Folks at Planet Money did a podcast on Keynes Vs Hayek. It turns out that if Keynes and Hayek were separated by centuries the two economic theories would not have clashed but would have complimented each other like Relativity (E=MC2) compliments Newton's Laws. Here's the link to the podcast I'm referring too. http://www.npr.org/blogs/money/2011/10/28/141802704/the-friday-podcast-keynes-vs-hayek
The biggest problem I have come to discovered with economics is that it is a human invention. Our system which we use to barter goods and services is a human invention thus it will always never be perfect but thrawt with danger and debt. So it doesn't matter which economic theory/religion you aspire to, it will never answer all of your questions.