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I'm relatively new to researching economics, so I guess you could say I'm a beginner in my understanding of economics. I've been a libertarian for a couple of years, but I'm only in high school, so my knowledge is somewhat limited. So far I've read The Revolution by Ron Paul, Economics...
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What??? I have only been studying this for a short while, but even I know this a gross misrepresentation - any comments? Hayek was associated with the Austrian school, ascendant in the 19th and early 20th centuries, which argued that the private sector should be left free to carry out the task of any...
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From yesterday's WSJ. ---------------------------------------------------------------- By ALAN S. BLINDER Ignorance is not bliss, especially when your economy is faltering and sound policies are badly needed. For months, we have witnessed the spectacle of people arguing that Keynes was wrong. Somehow...
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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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As apart of an independent study course that I will be doing in the spring semester, I will be doing a debate on the legacy of Greenspan's career at the Fed. The format of the debate is that there will be two teams, one arguing for a positive intepretation of it and the other vice versa, each team...