“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

07:20–08:05.
"Glenn 'Kane' Jacobs Mental Smackdown of Tennessee Lt Governor" http://www.youtube.com/watch?v=-bWJwJr-R68 (2013)
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't say, "If we do this, this is what's gonna happen." It is a descriptive science; in other words, it describes what's going on. Austrian economics says the economy runs itself, and all that we're trying to do is understand how the economy really works.

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Glenn Jacobs 15
American professional wrestler and actor 1967

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