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This isn't 1943, , but since December of 2001 the U.S. government has once again started selling war bonds. Of course the Government isn't pushing the sale of war bonds since the government isn't as concerned with inflation and high taxation as it was in the 40's. but after watching some of the propaganda of that era I was compelled
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[quote user="krazy kaju"] Look, I'm sorry to inform you of this, but you aren't an economist. An economist is someone who has a PhD or an MS/MA in economics from a legitimate university/college or someone whose professional job title is "economist." Besides that, very few people can actually be called economists. Only because
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The Mises Institute is now putting out free market and libertarian literature in an audio format at a breakneck pace. Much more that what is usually expected from a non profit organization. It was through one of these works Human Action, that I began to think about how production is directed by the consumer. That that process where the consumers have
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[quote user="Hard Rain"] The OP misses the point that the dollar's "power in trade" only exists in as much as other nations have the confidence to continue its usage. He also ignores the fact that China pegs their currency onto the dollar, artificially devaluing it to maintain competitive trade even as the value of the dollar
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Wolfman, you're right that it is better for the government. and if you consider all those programs as a boon for the American, then as far as one considers this the case, you are right, however I would contest that, and even if it is conceded it is all washed away by the fact that the purchasing power of the dollar dwindles with inflation whereas
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Are you saying it is better for the U.S. government, which can print out money, and basically do whatever it wants, from welfare projects, bridges to nowhere, fight wars, and spend untold millions to explore space? Or for the U.S. citizen who, when the dollar supply is increased looses the value of the money he has already earned? Sure the Dollar is
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I think I know what the problem is. but I'm unfamiliar with your solution, FPTP? don't know what that is... But if the problem is that George, John, and Thomas run against each other. if there are 15 voters, and george gets 6, John 5, and Thomas 4, then George wins even though he doesn't have a majority. I think the most appropriate solution
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Well its kinda like Mises says, that you can't argue with someone's value judgements. If a person really is open minded then perhaps whatever their perspective is can be corrected, but usually their assertion is like a value judgement in and of itself, an ultimate end and not a means. if this is the case then the other method of attack must
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I think I realized something during the barrage against the poor fellow. That when one favors socialism based on an misplaced morality, it is best to attack from the notion of Utility, but when one proposes socialism on grounds of unsound calculation in efficiency, It is best to respond with ethics in the tradition of Rothbard and Hoppe.
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[[quote user="The Late Andrew Ryan"] If I were you and I actually wanted to argue/learn somthing/get a point across I'd try to have a 1 on 1 conversation with somone here, and I'd be all for that.[/quote] besides this, I would try to familiarize myself with the economic workings of socialism http://mises.org/books/socialism.pdf Read