Stephanie Flanders - Masters of Money

[Mick Mac]

Well, I could listen to Stephanie Flanders all night.

Keynes on the other hand. I got mixed messages. Borrow your way out of debt. It seems the greatest evidence of his theory at work is the New Deal, and yet Roosevelt rejected his theories.

Very Miliband v Cameron.

[Annette Curtain]

Did you know there's a "rising number of pigeons" on lordship Lane Mic ?

No, nor did I until susan mentioned it

I'll check ol' Flanders out, whilst you have a butchers at the pigeons

[????]

Some critics argue that WW2 and not Keynsian theory saved the US economy. Certainly despite the mythology of the Great Depression the UK pulled out far quicker than the US with a more traditionally fiscal route. Keynes also had some views on the maximum amount of budget defeceits which we've gone far beyond. I think you'll find it's more Balls ( an ex of Flanders btw) and Osbourne. That the BBC economists has wet dream about Keynes is hardly a shocker..and good old Will Hutton gets a platform natch.

[Mick Mac]

Ok labour v conservative. Who calls the shots at the end of the day.

The new deal was obviously a democratic mantra and very relevant to what Labour are trying to promote today. Gawd help us if they get I'm.

Love the theory of economics despite only having studied it at a junior level.

And yes Stephanie has made at least two mistakes in her personal life. Both red.

[woodrot]

I think trying to seperate Lab vs Cons is a bit of a diversion really - this isnt the 1970s, where we had a genuine difference of opinion/ track between the two parties, the current situation involves two parties who are fighting for the middle ground - what we have in the UK is more like the US scenario.

Also, I woulod suggest that WW2 was more pivotal in sorting out the depression than just a view held by a few critics. Herr Hitler had his own version of a new deal going on alongside FDR and it did jolt a collapsed germany into an industrial superpower in a truly astoundingly few number of years.Whether this was a keynisian inspired is a question for historians though innit

[El Pibe]

It was already an industrial superpower, just a very troubled one.

Plus you never really got a chance to see how those economic policies panned out in the long term seeing as all those other policies of his made the third reich something of a one trick economy with a rapidly reducing workforce increasingly dependent on rather inefficient slave labour.

It doesn't take too much of an imagination to work out that had he been a bit less is more on all that militarism, expansionism and genocide, that public construction works would have run out of stuff to do and some nasty stagnation and inflation would have followed, especially with domestic consumption unable to fill the gap.

His lovely Empire wouldn't have done much to solve things long term either, terribly short sighted policies that chap.

Well, terrible policies in the literal sense of the word too I guess.

This isn't really Godwin is it.

China in a few years is facing similar issues thinking about it, all those lovely dams and railways and roads are practically done and that workforce is getting pricier.

[woodrot]

He got the trains to run on time ( etc ), but it is true that development was dependent on expansion and the rescources ( both human and physical ) required. it was a bit of a national Ponzi scheme.

China though is, quote frankly, fucked.How long they can stage manage it until a new cultural revolution is instigated or it collapses is the moot point

[Mick Mac]

woodrot Wrote:

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> I think trying to seperate Lab vs Cons is a bit of

> a diversion really - this isnt the 1970s, where we

> had a genuine difference of opinion/ track between

> the two parties, the current situation involves

> two parties who are fighting for the middle ground

I don't think they are fighting for the middle ground in terms of their solution to the current economic problems, which is the basis of this thread. Their proposals are very different. However recently the coalition is making infrastruture proposals suggesting they are worried about the merits of their prior strategy.

[jctg]

Stephanie Flanders can Master my Money anyday, or something.

[katie1997]

and whoever named that (actually pretty good) programme, Stephonomics, should be SHOT.

Dallas-style.

[Ted Max]

Nipped out to have a baby. When she came back, Peston had stolen her career.

Them's the breaks.

[Mick Mac]

Baby you say? Well she's a yummy money mummy. And no mistake.

[woodrot]

jctg Wrote:

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> Stephanie Flanders can Master my Money anyday, or

> something.

her G/F may not be too amused

[Annette Curtain]

Stephanie Flanders - why god dammit !

Try saying that with JR's accent

See, now she's part of the new DALLAS cast

[Ted Max]

SF's partner's a bloke, I think. Does she have a G/F as well?

*debating the tough economics issues, one post at a time*

[red devil]

Ted Max Wrote:

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> *debating the tough economics issues, one post at

> a time*

Wait until you see the monetary shot...

[david_carnell]

Pump-priming anyone?

[Help-Ma-Boab]

Double Dip maybe..

david_carnell Wrote:

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> Pump-priming anyone?

[david_carnell]

This is now a game of "read the glossary of an economics text book and work out how many can be innuendos". Still, it's more fun than the normal left v right bunfight on here.

Assets - phwoar

Barrier to entry - fustrating

Boom and bust - a description of J'Lo

Crowding out - only on a Friday

Dumping - Mark Oaten's yer man

Expectations - don't worry, it happens to every man

[maxxi]

Downsizing - bound to happen in the end

[red devil]

Nothing that a bit of fiscal stimulus can't put right maxxi...

[Mick Mac]

Hayek. A friend and inspiration for Margaret Thatcher. The most free of free markets.

[????]

just finished the final one of these this week (oh I love the new download function on the BBC iplayer). Absolutely brilliant series and should be compulsory viewing for our economic illiterate population. I've never been that keen on Stephanie's reporting style but she is brilliant in this. Watch it!

Er, yes, confirmed minx too our Steph.

[????]

PS much to Mr Carnell's shock no doubt, I think I am broadly with Keynes of the three. All intellectually impressive though.

[silverfox]

Found the whole thing a bit superficial (Marx in one hour?). Interesting nonetheless as a sound-bite guide to economics (not necessarily Stephanie's fault).