I am not trying to be dismissive, but I am trying to talk with some theoretical base. Initially Nirvana derided my claims, in my opinion, without producing an actual theoretical base for his claims. He also said I should learn economics from Hazlitt's economic philosophy, rather than from a university, which is quite demeaning.
I'm sorry you feel demeaned by my advice to read Hazlitt's book in order to learn some basic economics. I didn't think that it would be appropriate to advocate that everyone should go to a university to learn economics, especially given, as as you later made clear, that some universities don't even teach economics to those who get degrees in it.
You have no theoretical base. You are regurgitating a political ideology that is, quite frankly, nonsense. You focus on demand, when it is irrelevant to this discussion, and your argument presumes that "advising people to save is bad" because "if everyone saved there would be no demand".
Obviously, when people run their lives prudently, they don't eliminate all spending (and thus all demand is not eliminated). Obviously, consumers are not the only source of demand in an economy. And obviously you can't really defend your point and that is why you spend your time characterizing others -- and in fact your "economic" argument is really just disparaging a savings plan with a fallacious -- but oft repeated by political hacks-- story.
So, of course, I was dismissive. Your "argument" was easily dispatched.
If you really want to have this argument with me: lets do it privately, my email address is in the profile. I will even invite some economists into the midst for some discussions, and you are welcome to invite whoever you want. I always appreciate counter points, and counter arguments. So I think it will be a very interesting debate. Lets keep it civil.
