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1. What have Austrians been wrong about in general? 2. What have Austrians wrongly predicted? 3. What have Austrians wrongly predicted that Keynesians have correctly predicted?
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Does this exist? I've been nit-picking here and there with his medicare plan, social security, his tax policy, but I have yet to see anyone actually give a decent criticism, let alone Misesian, of his entire plan. Mayhaps this ought to be the place to discuss!
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So, I have a teacher that says that Brazil should devaluate his currency in order to grow its manufacturing industry. As Peter Schiff previously pointed out, the USD is more and more devaluated towards other currencies and the trade deficit is bigger and bigger. So I told that to my teacher. The answer...
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"since the new deal and Keynesianism failed to end the great depression" That's patently and demonstrably not true. Government spending during WW2 put people to work, put money in their pockets, stimulated private spending and investment, created demand for more products, created the middle...
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The American Conservative cites the Slate article about Free Keene and a union leader piece about last year’s Topless Tuesdays in an attack on Free Keene : These sorts of hijinks certainly aren’t representative of libertarians in general, or even of the Free State Project itself: as Weigel...
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I'm aware that many people here have read Human Action . Many here have read A History of Money and Banking in the United States . Some have even read Principles of Economics . A few Capital and Interest . We're all very familiar with the Austrian canon. But how many of you lot have read the...
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I thought that the folks on this forum would appreciate this music video that I came across. Fight of the Century: Keynes vs. Hayek Round Two http://www.youtube.com/embed/GTQnarzmTOc Enjoy :) P.S. I apologize for double-posting, I realized that this forum was more appropriate. Mods, please delete the...
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I have a friend who doesn't have the knowledge yet to answer this guy and I can't really check it over for another few hours, although I'm sure it's full of fallacies, false dichotomies and unsupported assertions - I find that non-Austrians are generally devoid of the ability to think...
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I have been having some conversations with friends that are immersed in the dominant economic schools of Keynesianism and Chicagoasm. It tends to end up with fallacious criticisms such as that the dominant schools are dominant for a reason, and things of this nature: ""To all of you Austrian...
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At least someone has come clean! http://www.realclearpolitics.com/video/2010/11/10/lawrence_odonnell_explains_socialist_comment.html