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  • freemarkets, arms race & High Frequency Trading.

    competition is good, but what if it creates an arms race, where both parties have to run twice as faster to stay at the same place ! Take the case of HFT (High Frequency Trading), people spend billions of $$$ just to shave off few milli seconds. Do you guys think this armsrace in HFT is productive and...
    Posted to Economics Questions (Forum) by passsingbird on Mon, Jul 9 2012
  • "Big Business will Dominate the free market"?

    Okay, I'm having a discussion with a socialist/statist about the free market, monopoly, and anti-trust laws (repeal them!). I'm getting to the point where my austro-libertarian knowledge is incomplete. He says: It is a major financial commitment for a startup to stock and staff a store. As soon...
    Posted to Economics Questions (Forum) by Matthew on Wed, Apr 20 2011
  • Can i enrol in a Mises Academy course from Australia?

    Hi I'd like to enrol in the Mises Academy course Thomas DiLorenzo is running on competition etc. I'm in Australia and due to time differences, will not be able to attend most lectures online. Can i view them at a later time, hence participate in the course? Thanks Chris
    Posted to Help and Support (Forum) by AussieAustrianBlog on Fri, Mar 4 2011
  • Perfect competition & natural monopoly theory - myth or reality?

    So many economists adopt perfect competition theory. Any ounce of truth to it? What are the best arguments that smash it, namely that amount firms don't matter? Thanks, Chris
    Posted to Economics Questions (Forum) by AussieAustrianBlog on Thu, Mar 3 2011
  • The Zero-Sum Problem

    It occurs to me that the primary difference between the Right and the Left (or libertarians and statists, as the case may be) has to do with the question whether the pursuit of wealth is a zero-sum game. The Right will argue that the pursuit is not a zero-sum condition and use this premise to form the...
    Posted to Economics Questions (Forum) by Eric M on Wed, Feb 23 2011
  • "Private option" for government?

    I know Ron Paul has mentioned support of this sort of proposal before, but I wasn't really able to find much else on this idea. Has there been any thought given to promotion of a "Private option" for government? That is, people voluntarily giving up their "protections" like police...
    Posted to Political Theory (Forum) by Marked on Fri, Apr 16 2010
  • Misc. Economic Questions

    I am probably going to be attending an lecture later this week at a local college given by Keynesian economists, and I want to go prepared. This lecture will be on the labor market, poverty, and wealth distribution. I have very little idea of the Keynesian theory of all that, so if someone could give...
    Posted to Economics Questions (Forum) by Savannah Liston on Mon, Nov 16 2009
  • Competitive Currency

    I was having a discussion with a friend about the idea of competative currency. I generally like the idea, but my friend pointed out something apparently wrong with it. He asserted that a competitive currency system would create uneccessary complications in exchange. That in every exchange made, you...
    Posted to Economics Questions (Forum) by Hoobler on Sun, Jan 11 2009
  • Austrian Market Theory - Competition

    I'm a newcomer to this school of thought (and pretty new to economics in general). I'm currently reading Israel Kizner's essay collection "The Driving Force of the Market" and I'm stuck on a point that he brings up in the first essay (called Entrepreneurial) about competition...
    Posted to Economics Questions (Forum) by ecoli on Thu, Oct 9 2008
  • Natural economic order

    First of all, I would like to introduce myself. I am a computer programmer from the Netherlands. I am working on a theory of money and banking derived from the "Natural Economic Order" of Silvio Gesell. "Natural Economic Order" clearly states that the root the economic and monetary...
    Posted to Economics Questions (Forum) by niphtrique on Fri, Oct 3 2008
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