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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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My economics teacher is a whole sale idiot. We've gotten into several little scuffles over the course of class and I think it's fair to say that there is a mutual hatred between the two of us. I knew I was in for a doozy when on the first day he said that he'd earned his masters in economics...
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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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Not an economic question but i figured I would get more traffic this way. There will be money bomb for Ron Paul on May 5th, the day of the first debate. Go to debateday.com to RSVP, the donations will go to ronpaul2012.com. Here is the facebook page to RSVP at http://www.facebook.com/event.php?eid=176057135779358...
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I have been having some conversations with friends that are immersed in the dominant economic schools of Keynesianism and Chicagoasm. It tends to end up with fallacious criticisms such as that the dominant schools are dominant for a reason, and things of this nature: ""To all of you Austrian...
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-You emphasize that your are not an austrian but an chicagoan Correct. - You didn't like Rothbard, at least when its about the history of economic thought I've never been a fan of Rothbard. My basic objection to him is that I think he was willing to use arguments he had to know were bad when...
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Paul Krugman offers his take of Austrian Economics in regards to Robert Murphys Post " The Importance Of Capital Theory ." What do you think? January 19, 2011, 9:49 am Great Leaps Backward I’ve been watching with sympathy as David Beckworth and Scott Sumner discover that their updated...
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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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In the thirteenth and final chapter of Democracy: The God That Failed (which I just finished reading--excellent book!), Hans Hermann Hoppe states that [quote]In a recent survey, people of different nationalities were asked how proud they were to be American, German, French, etc., and whether or not they...
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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...