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1. What have Austrians been wrong about in general? 2. What have Austrians wrongly predicted? 3. What have Austrians wrongly predicted that Keynesians have correctly predicted?
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In this video, using Ron Paul's own words from his books and interviews, it is shown that Ron Paul's goal is voluntaryism. He adopts limited-government positions and appeals to the U.S. Constitution as part of a long-term strategy for achieving a completely free society, absent any State.
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I have been writing up stuff that I thought was interesting and related to the current economic mess. It has gotten a bit long but I really think it has many interesting things that I did not understand a year ago. I think other Austrian economist types will agree with most of it and still find new stuff...
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Martin Wolf has recently opened an exchange for ideas on The Financial Times' internet portal. His first topic is crucial to the field of Austrian economics, and I encourage you all to make your ideas heard. His first topic is Does Austrian economics understand financial crises better than other...
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Hello Lilburne, Thanks for responding. Let me take a satb as answering your questions: "No. Let's say you borrow that money from me. Over the course of the year, you do work for me for which I offer you a $60 salary. On the last day of the year, I don't pay you the $60 in gold; I just deduct...
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I have read some works by Milton Friedman, Ludwig Von Mises, Adam Smith, and Ayn Rand; and they all seem to be correct! What are the primary philosophical differences between these individuals, especially Milton Friedman and Ludwig Von Mises. Furthermore, what distinguishes that Austrian School from...
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If you want to get to the meat of the question, just skip to the paragraph starting with a bolded letter. I'm sure there are many current Austrians who were influenced by the writings and beliefs of Milton Friedman before arriving at their current place on the economic spectrum. If I had to name...
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Hello, I am in the middle of a rather verbose 'conversation' with an aquaintance, and his most recent response to me contained the following paragraph: Evidently you have fallen victim to recent propaganda about the Community Reinvestment Act. The CRA actually restrained subprime lending. I urge...
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Greetings. A new audio essay is available in The Rational Argumentator's Audio Section : http://progressofliberty.today.com/tra-audio/ “ Why a Socialist Economy is Impossible ” by Joseph T. Salerno; Read by G. Stolyarov II I hope that you will enjoy it.
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Greetings. A new free audio essay is now available: Ludwig von Mises’s “ Social Science and Natural Science ” (1942), which you can listen to and download here: http://progressofliberty.today.com/tra-audio/mises-mmmp1/ It has also been linked in The Rational Argumentator’s Audio...