-
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...
-
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...
-
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...
-
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...