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"since the new deal and Keynesianism failed to end the great depression" That's patently and demonstrably not true. Government spending during WW2 put people to work, put money in their pockets, stimulated private spending and investment, created demand for more products, created the middle...
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I thought that the folks on this forum would appreciate this music video that I came across. Fight of the Century: Keynes vs. Hayek Round Two http://www.youtube.com/embed/GTQnarzmTOc Enjoy :) P.S. I apologize for double-posting, I realized that this forum was more appropriate. Mods, please delete the...
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At least someone has come clean! http://www.realclearpolitics.com/video/2010/11/10/lawrence_odonnell_explains_socialist_comment.html
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Important: to read this comment you will have some basic knowledge about the (somewhat tricky) concept of „ecological footprint“*. I will begin with an important distinction „relative poverty' compared to „absolute poverty“. Historically seen the term relative poverty...
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Wikipedia has a page called " Parable of the broken window " which claims to reference Economics in One Lesson (footnote 5) as a source showing a "limitation" of the parable. The paragraph takes Hazlitt's argument out of context by saying that the broken window stimulates productivity...
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Inquiry & Analysis. I am interested in a discussion of the foundations of the Austrian view- as the participants of this forum understand them. I have been reading in this area and I have a lot of material at my disposal; so I am not seeking links or suggested reading; I have fundamental questions...
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Hello, I have been reading Mises.org now for about 6 or 7 years and it has really been the best teacher I've ever had on almost any social science topic I've been interested in. Usually questions I have can be answered by doing searches on the site or at least i can be directed to something off...