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  • "Market Socialism" and Mises?

    Does the economic calculation problem apply to so-called "market socialism"?
    Posted to Economics Questions (Forum) by Michael Lagoy on Wed, Aug 29 2012
  • The Soviet Gold Standard

    From 1917-1920, the supply of money increased 25 times. This led to hyperinflation and so one of the most significant reforms of the NEP was the advent of the gold ruble. It was a reform that apparently provided the solution to the currency crisis. http://en.wikipedia.org/wiki/Hyperinflation_in_early_Soviet_Russia...
    Posted to History (Forum) by fakename on Sun, Aug 26 2012
  • Milton Friedman and his lectures

    They say, that the era that Friedman visited Chile, gave lectures about capitalism and free market in Communist countries, as well. I wonder, how can a Communist goverment which propagandizes its citizens against Capitalism, give permission to someone to talk freely about Capitalism and Free Market?
    Posted to General (Forum) by LandJ on Fri, Aug 10 2012
  • Was The Soviet Union A Resource Based Economy?

    I am currently in a debate with a member of the Zeitgiest movement (pretty stubborn people with little knowledge or care about economics) and he tells me that the Soviet Union was not an exmple of an RBE. Was it an RBE? If so, why? Oh and feel free to come help me debate against these guys. It is kinda...
    Posted to Political Theory (Forum) by siope1kd on Sat, Jun 16 2012
  • Re: Hutterites, Community of Goods and the Free Market

    You said: ”If it is measured in pecunary intrest then the free market wins everytime.” I am not sure about even this. Consider for example the description of the period from 1565 to 1592 in the life of the Huterian community, as reported in Journal of Political Economy (1924): ”[T]he...
    Posted to Economics Questions (Forum) by Jaakko Ojala on Fri, Jun 8 2012
  • Communist Europe

    Hilarious quote from the chairman of China's sovereign wealth fund: "If you look at the troubles which have happened in European countries, this is purely because of the troubles of a worn-out welfare society. I think [the EU's] welfare laws are outdated. The labour laws induce sloth, indolence...
    Posted to General (Forum) by MadMiser on Sat, Nov 12 2011
  • Turning Socialists into Capitalists — Recommended method?

    As a student, I often find myself arguing with socialists. I have organised many debates with socialists, and am holding conferences in Austrian economics. Doing everything I can with my knowledge, in order to persuade socialists to understand economics, capitalism and rights... I am still young however...
    Posted to General (Forum) by Samuel Marks on Wed, Nov 2 2011
  • Anti-capitalist Michael Moore lashes out at Peter Schiff

    Too funny for words. Didn't this guy's career end in 2007?
    Posted to Current Events (Forum) by Freedom4Me73986 on Sat, Oct 29 2011
  • Occupy Philadelphia: The Kick That the Left Really Needed

    “The kick that the left really needed “ are the words of one of the protesters. These are high hopes that will not be realized. Who are these Occupy Philly people? What do they stand for? Who do they represent? Let’s take a look. In the video below there are two interviews with participants...
    Posted to Current Events (Forum) by Darren on Thu, Oct 27 2011
  • Foundry For A Public Private Trust

    Public Private Trust GeMiJa copyright 2008 A Public Private Trust originates through a variation of state capitalism where shares of stock from corporations are exchanged for state subsidies . However, unlike state capitalism the shares acquired through the exchange are relinquished by the state into...
    Posted to Political Theory (Forum) by Monk-Eye on Thu, Aug 4 2011
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