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http://www.youtube.com/watch?v=rMn2R5txO28&feature=related Unfortunately the poster has blocked comments, but he in a nutshell(for those who don't want to sit through the video) that because Austrian economics relies on deductive reasoning it is an pre-scientific school of economics that belongs...
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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 just read Lenin's Imperialism and given a small lecture on it for a bunch of socialists I know. I thoroughly enjoyed the book. The research is very well compiled and gives a great historical account of how we progressed. My one criticism however is very potent. And it's one no doubt many...
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I believe in most of what is taught in the Austrian school. I want to learn more. What is the best way? Any books for a beginner? I've taken micro/macro economics in college but thats it.
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I am currently doing a dissertation on American foreign policy and at the moment I am reading William Appleman Williams The Tragedy of American Diplomacy . In it, he says that US expansionist policies gained support from industrialists and farmers in an effort to "open" and/or "find"...
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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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how many schools in the United States that teach free market/austrian economics? would you please name all the schools you know? this is for my research, thanks
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Dear all, I'm a new member here, after reading Mises.org for about 2 months now. I'm an engineer, moved out of academia and government into private industry a year ago after formulating roughly my disagreements with previous institutions. Economically, the Austrian school, and how it ascribes...
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I have heard that he did some stuff on the quality of life prior to and during the industrial revolution. Essentially the idea is that the common perception of the industrial revolution as a time of worker exploitation and poor life quality is a myth and that in actuality it was a time of improved life...
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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...