Reply #6: sounds like the apple does not fall far from the tree [View All]

[hfojvt]

"Newton was wrong, wrong not only now but then, but Newtonian physics provided the foundation of ideas on which later generations of physicists, including Einstein, built. Keynes was wrong, but his attempt to make sense of what he believed happened during the Great Depression provided a theoretical foundation on which later theorists, including Friedman, could build."

I still would take Keynes over Friedman - fiscal policy over monetary policy, especially monetary policy run by enemies of the working class like Greenspan.

Plus, it is wrong to say that Newton was wrong. Newton was imprecise more than he was wrong. If I get X = 3 in Newton physics, the true answer is going to depend on velocity, X is really 3 times the square root of 1 - v squared over c squared, and thus X = 3 is pretty close for all velocities less than .2C (or 133 million miles per hour) where it is still 97.97% accurate.