El Viking Liberal

Thursday, September 14, 2006

Stiglitz en el Mises

  • Le dan con un caño a Stiglitz
  • Yo siempre me preguntê que le veían a este tipo, cuando vino a la Argentina. ¿Se acuerdan? Todos los babosos periodistas de economía y cuanto bicharraco "heterodoxo" caminaba por las ruinas de la Rosada en 2002. Es un intervencionista más, con mucha prensa eso sí. Y si le pega al Fondo Monetario, no es por sus planes económicos intervencionistas, y el drenaje de recursos que significa a las personas que habitan los estados miembros. Si no porque es "poco" intrusivo.
    Cerrando mi sesudo análisis, el tipo es un cachafaz de aquellos, que usa un refrito de ideas ya refutadas para llamar la atención y ser la vedette de los negritos del tercer mundo que no quieren afrontar sus culpas. Un negocio redondo.

    Stiglitz believes that his theory (model) demonstrates an economic role for government in principle. Upon this basis he has for years promoted government solutions and denigrated free markets. Stiglitz believes only in mathematical neoclassical models. Even if we grant him his preference, he has still completely and entirely failed to prove his point that government has a potential role in alleviating externality losses. He has given us an inadequate and incomplete theory with inconsistent and ad hoc assumptions. His equations contain no theory of government whatever and for that reason alone they cannot possibly provide us with real-world prescriptions.
    We can have no confidence that the Stiglitz model captures the essential aspects of real world economizing that it purports to. We therefore can have no confidence in any belief that rests upon this or similar theories that government has a proper role to play in increasing economic efficiency or social welfare by use of taxes, subsidies, and transfer payments.

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