Representative Alexandria Ocasio-Cortez confused two economists while discussing the benefits of a four-day working week in a video shared on Instagram.
The 30-year-old was asked by one of her followers to discuss the benefits of a shorter working week when she spoke incorrectly.
During the interview, Ocasio-Cortez confused British economist John Maynard Keynes, who theorized that government spending was linked to economic growth, with 1976 Nobel Prize winner, Milton Friedman, an American economist who believed in free-market capitalism.
Representative Alexandria Ocasio-Cortez has confused two economists and discussed the benefits of a four-day working week in a video shared on Instagram
The 30-year-old was asked by one of her followers to discuss the benefits of a shorter working week when she spoke incorrectly. Shortly after the mistake, AOC shared a clarification in its Instagram story (right)
“It’s funny to ask this, because I just read today how Milton Keynes, a famous economist of the past, predicted that by 2030 US GDP would grow six to eight times making it possible for ordinary people to work 15 hours a week ‘AOC starts.
The congresswoman referred to Milton Keynes, an accidental combination of the names of both economists.
“Keynes” predictions were not entirely wrong. US GDP and technological advancements have also grown to the end point of productivity per person rising, “she went on.
“The problem is that that progress has not been enjoyed by the people who produce the goods in our society. So the problem is now and it raises the question of whether national economic growth is actually linked to improvement in people’s lives.
“In fact, the Nobel Prize for economics in 2019 or its equivalent went to an economist who concluded that for certain advanced economies, GDP growth does not necessarily correlate with life growth.
‘We really have to concentrate on who actually enjoys the fruits of that productivity. So it’s not about making more money, but about how that money is actually distributed and whether people earn what they actually produce. “
The congresswoman referred to Milton Keynes, an accidental combination of the names of both economists
Ocasio-Cortez confused British economist John Maynard Keynes (left), who theorized that government spending was linked to economic growth, with 1976 Nobel Prize winner, Milton Friedman (right), an American economist who believed in free market capitalism
Shortly after the mistake, AOC shared a clarification in its Instagram story.
‘UGGGH TYPO. It’s John Maynard Keynes. Mixed his name with Milton Friedman – a (very) different economist, “she wrote.
Ocasio-Cortez, who received national recognition when she defeated incumbent Joe Crowley for New York’s 14th convention district in 2018, earned a bachelor’s degree in Boston from economics.
Her video was first shared by John Gage, of The Washington Examiner.
Gage tweeted: “@AOC, who routinely brags about her economic degree, confused John Maynard Keynes with Milton Friedman.”
And it didn’t take long for others to see the error. Several went to Twitter to share their thoughts.
“This is a double whammy, b / c is not just madam” I HAVE A DRAFT IN ECONOMIC PEOPLE who has the name of the second most famous economist in the world wrong (Milton Keynes is actually a place, by the way, a city in England ), she also pronounces his name incorrectly, it is “KAYNES” not “KEENS.”
Carol Roth wrote: “I also spend my days reading works by well-known economists such as” Milton Keynes “and his close friends, philosophers Milton Berle and Milton Bradley.”
“@RepAOC” Milton Keynes “really? And you claim that that is a typo? I wonder which mistake is more crazy? It must be Republicans who donate all that money to you so that you keep talking. Every dollar they give you seems to go back to @realDonaldTrump 10X, “tweeted one person.
“I’m not entirely sure how a #BostonCollege economics graduate could make the #MiltonKeynes mistake,” said another.
Some thought it funny and others jumped to defend Ocasio-Cortez.
“Someone has to create a Milton Keynes Twitter account that only tweets mashups of Keynes and Friedman quotes,” one user joked.
Another expressed frustration about the negative comments about Ocasio-Cortez’s mistake.
“disappointed to see how people thunged at AOC because they had misplaced Keynes’ first name. I’ve actually done that exact slip before, because there’s a place called Milton Keynes and economists called Milton Friedman and John Maynard Keynes, “someone tweeted.
Another wrote: “AOC invented a new economist named Milton Keynes. Uh … I can let it slide. Yes, minister made the same joke 40 years ago. (Milton Keynes is a city north of London.) ”