Libertarian economics.

[coadie]

We have a small handfull of libertarians on this board. Please share with us your viewpoints and approaches for economics and economic policy.

[Socialite]

Most libertarians share the same fiscal conservatives ideas as other conservatives.

There are at least two types of libertarians: 1) Idealistic and 2) Pragmatic. An idealistic Libertarian does a great job at defining Libertarian principles, a Pragmatic Libertarian finds ways to influence current policy in a more libertarians way even if it does fall short of the ideal. As a Pragmatic Libertarian, I realize the ideal is impossible (meaning we will never be there). But from the ideal, I'm able to shape opinions about the practical present

[coadie]

Originally Posted by Socialite

Most libertarians share the same fiscal conservatives ideas as other conservatives.

There are at least two types of libertarians: 1) Idealistic and 2) Pragmatic. An idealistic Libertarian does a great job at defining Libertarian principles, a Pragmatic Libertarian finds ways to influence current policy in a more libertarians way even if it does fall short of the ideal. As a Pragmatic Libertarian, I realize the ideal is impossible (meaning we will never be there). But from the ideal, I'm able to shape opinions about the practical present

Please share with us your viewpoints and approaches for economics and economic policy.

[Socialite]

Originally Posted by coadie

Please share with us your viewpoints and approaches for economics and economic policy.

What for? Look it up!

Seriously, that's like asking me to write a thesis on Economics in America.

Libertarians are generally supportive of Free Market principles. The pragmatic side of me realizes the need, given our economic size and climate, for minimum regulation and oversight.

In general:

1) We support lower spending and smaller government
2) Lower taxes -- which is all connected to #1. There are many ideas: from fair tax, overall lower taxes connected to less spending, and even some radical ideas about getting rid of the IRS (which I'm not personally open to at this point -- that's a more idealistic Libertarian).
3) Libertarians are typically anti-Kensey economics.... having much faith in the way the market corrects itself.

[Socialite]

Libertarians are VERY similar to Conservatives in general on fiscal policy.

They tend to differ to a great degree on social policy. Conservative Republicans tend to be Big Government on Social Policy and Small Government on Economics. Actually Republicans and Democrats share more in common these days than ever before...and both represent large spending governments.

[coadie]

Originally Posted by Socialite

What for? Look it up!

Seriously, that's like asking me to write a thesis on Economics in America.

Libertarians are generally supportive of Free Market principles. The pragmatic side of me realizes the need, given our economic size and climate, for minimum regulation and oversight.

In general:

1) We support lower spending and smaller government
2) Lower taxes -- which is all connected to #1. There are many ideas: from fair tax, overall lower taxes connected to less spending, and even some radical ideas about getting rid of the IRS (which I'm not personally open to at this point -- that's a more idealistic Libertarian).
3) Libertarians are typically anti-Kensey economics.... having much faith in the way the market corrects itself.

Can you define a Kensey economist using your own words without google?
Can you name one?

[Socialite]

Originally Posted by coadie

Can you define a Kensey economist using your own words without google?
Can you name one?

What are you trying to prove? Are you asking me my opinion or trying to prove how smart you are? Your thread is a little disingenuous.

I may have misspelled Kensey/Kinsey/Keneysian....whatev.... but it basically means the free market on it's own is inadequate.... micro vs. macro economics.

[Socialite]

Why did I bother responding to a Coadie thread....

[Socialite]

Originally Posted by coadie

Can you define a Kensey economist using your own words without google?
Can you name one?

This post tells me you're more interested in trying to prove something than actually asking a question.

I'm a Business Minor... I'm not an economist. I don't run for political office and write economic policy. I understand the principles, and have ideas about policy. I also believe in looking at the "macro" picture and checking with how those things are affected.

[coadie]

Originally Posted by Socialite

Libertarians are VERY similar to Conservatives in general on fiscal policy.
They tend to differ to a great degree on social policy. Conservative Republicans tend to be Big Government on Social Policy and Small Government on Economics. Actually Republicans and Democrats share more in common these days than ever before...and both represent large spending governments.

In your own words, how do you describe conservative fiscal policy?

Would you say Regan was an example of Conservative Republican?

What is the Libertarian summary of monetary policy?


Please describe Libertarian economics on its own wiithout referring to Republicans.