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These arguments may be assuming rationality where none exists.

Conservatives aren't known for their grasp of reality. They're more likely to practice frog-twitch economics - kill the economy, dissect it, electrocute it, say 'hmm' when it twitches, then throw it away and try to find a new economy to torture.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed Jan 26th, 2011 at 03:21:06 PM EST
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German Mittelstand manufacturors are, in general, seen as having more than a nodding acquaintance with reality.
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Jan 26th, 2011 at 04:08:36 PM EST
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Maybe technological reality, but I submit they're likely to be Austrian gold bugs when it comes to economics.

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman
by Migeru (migeru at eurotrib dot com) on Wed Jan 26th, 2011 at 04:13:12 PM EST
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