tag:blogger.com,1999:blog-8595404115121834255.post7484165940798977682..comments2024-03-28T03:24:05.678-04:00Comments on NAKED KEYNESIANISM: Did Inflation Bring Down the Allende Government?Matias Vernengohttp://www.blogger.com/profile/09521604894748538215noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8595404115121834255.post-87178573178379502212014-02-17T22:40:26.359-05:002014-02-17T22:40:26.359-05:00"All jokes asides, the notion that inflation ..."All jokes asides, the notion that inflation brought the government down is silly to say the least."<br /><br />There are some people who are incapable of understanding jokes...<br /><br />http://fixingtheeconomists.wordpress.com/2014/02/16/control-freaks-stafford-beer-and-salvador-allendes-fantasy-economy/<br /><br />Nunca es demasiado tarde para aprender, Matías. Que sea ésa una lección.<br /><br />Buena suerte y salud.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8595404115121834255.post-7323404338402792062013-07-13T18:30:47.811-04:002013-07-13T18:30:47.811-04:00Well, I'm sure the inflation helped rally supp...Well, I'm sure the inflation helped rally support for the coup. And Allende's economic policies were massively misled. But I sense an air of megalomania around Mr. Frenkel. And are Argentina's policies paving the way for an Allende-gasm. Categorically: no. That is absurd.<br /><br />By the way, just as an interesting anecdote, I once spoke with a somewhat famous New Keynesian who worked in the Allende central bank. When I described PK endogenous money theory to him/her they told me that this was totally confirmed by what they experienced in the Allende hyperinflation. Make of that what you will!Philip Pilkingtonhttp://fixingtheeconomists.wordpress.com/noreply@blogger.com