Glenn Jacobs: Economics

Glenn Jacobs is American professional wrestler and actor. Explore interesting quotes on economics.
Glenn Jacobs: 30 quotes0 likes

“Keynesian economics is really just models and numbers and how things would work in a laboratory, not how things work in the real world.”

Glenn Jacobs

07:20&amp;#8211;08:05. <br class="br"> &quot;Glenn &#x27;Kane&#x27; Jacobs Mental Smackdown of Tennessee Lt Governor&quot; http://www.youtube.com/watch?v=-bWJwJr-R68 (2013) <br class="br">Context: Keynesian economics is really just models and numbers and how things would work in a laboratory, not how things work in the real world. The beauty of Austrian economics is [that] it studies how things work in the real world. Economics is not a predictive science, okay? You can&#x27;t say, &quot;If we do this, this is what&#x27;s gonna happen.&quot; It is a descriptive science; in other words, it describes what&#x27;s going on. Austrian economics says the economy runs itself, and all that we&#x27;re trying to do is understand how the economy really works.

“The Republican Party stands for individual liberty and free markets; its the party of growth, its the part of economic opportunity, those are things that benefit everyone. That's how we need to grow this party, by ensuring that those are the ideas that we are spreading.”

Glenn Jacobs

4:14&amp;#8211;4:38 <br class="br"> Glenn Jacobs&#x27;s victory speech after winning race for Knox County Mayor https://www.youtube.com/watch?v=RC68lyf3-vw (2018)