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I apologize ahead of time for provoking anyone with the Subject line. I've posted this as an Economic Question, and you should take this as an honest question. I believe a few years ago, Hillary Clinton said something like "Tax cuts caused the recession." If I heard correctly, President...
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Austrian Economics is a set of theories that are considered, by many, to be too simple of models to reflect reality. (Because Austrian economic principles tend to depend on certain ideal conditions, which do not exist in the real world) There are many instances where other economists see the austrian...
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[quote user="F.A. Hayek"] Only if different firms compete for the available means of production will saving and investing in the ordinary sense of the words take place, and it is therefore such a situation which we must make the starting point of our investigation. Now, if any of these integrated...
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http://www.moneyandmarkets.com/the-g-20s-secret-debt-solution-27996 As someone who studies Austrian economics I am still very much a rookie especially when it comes to monetary manipulation by governments. This article is someone explaining what he thinks the major governments of the world are up to...
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Is stock ownership (i.e., equity shares) compatible with free market libertarianism? For background, see " Entrepreneurs, the Firm, and the Knowledge Problem ". I'm working on some broader ideas of organization, economy, etc., and I'm interested in arguments in support of, and objecting...
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I work for a 20 person company. I make around $50k/yearas do most of my coworkers. I asked my boss if he ever had to take a loan to make payroll. He told me that he has enough money in a account to cover pay for six months. So we started talking economics a somemore. I am very comfortable with my job...
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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...
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the following concerns a problem I'm working on for a course I am taking. The basic question is whether the idea of non-precisive abstractions is still useful when we apply it to events over time in the form of counterfactual comparison. The main reason that it may not be useful would be that it...
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I have to write a paper for my Econometrics class, and was wondering if anyone on here had good ideas for me. The only real stipulation is that I have to be able to procure government data on whatever I decide to write about. Preferably something with a lot of independent variables....
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I have a question concerning the gold standard that a friend of mine brought to my attention. First a comment. I feel returning to the gold standard is the only true way to restore a sound economy. Having said that, is it realistic to think it could be done with the growing population? Is it feasible...