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  • Mandatory savings

    I wondered if anyone could address a question I have about the how the Austrian school treats forced savings. Savings is good, right? The more people save, the more economic growth there will be in the long term, and without savings there could be no growth at all. So, superficially at least, it would...
    Posted to Economics Questions (Forum) by MadMiser on Thu, Aug 4 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
  • Subsidy- Solar- Cell Phones

    Their subsidization of solar panel production is, believe it or not, has little or no impact on the pace of solar energy research and development. If they subsidized the production of cell phones, new faster, smaller, more reliable cell phones would still be coming out every year. The only difference...
    Posted to Economics Questions (Forum) by Sanchez on Sun, Apr 18 2010
  • On the nature of GDP growth

    I was having a conversation with a friend of mine about how, well, the fed has done more harm than good. I had cited a few examples, but he countered with GDP growth and how it has grown so much. I'm not too well read in Austrian economics just yet (Just ordered Human Action a week ago, and other...
    Posted to Economics Questions (Forum) by joslin01 on Tue, Mar 16 2010
  • Our Socialist Government in the UK

    Read the following article from the UK and see if you can avoid shaking your head... http://www.politics.co.uk/news/business-and-industry/pm-presses-radical-growth-strategy-$1351891.htm
    Posted to Current Events (Forum) by Thomas Fletcher on Fri, Jan 8 2010
  • Would Our Economy Have Grown As It Has Being on Gold Standard?

    Some have argued that our economy wouldn't have grown as it has were we still on the gold standard. This infers that the economy is a zero sum gain and that the only way to grow is via exports with a trade deficit in our favor. Trade aside, can an economy grow with a fixed supply of money?
    Posted to Newbies (Forum) by Pchiou on Sun, Nov 16 2008
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