-
But I've already read Block's Privatisation (not the greatest read ever) . What is it that makes the book so good and so "Austrian". Leeson's stuff on Somalia is also top notch.
-
Mutatis mutandis = the [necessary] changes having been made Ceteris paribus = all other things being equal MM is used when emphasising the change being made, I guess. I learned the term mutatis mutandis when reading Hoppe's book too!
-
If you don't like reading, here's an hour long speech by Hans Hoppe on the subject: http://video.google.com/videoplay?docid=-1079797247947962124
-
Anyone interested in the lives and works of non-Austrian economists should read a book called The Worldly Philosophers by Robert L. Heilbroner. It's a pithy classic.
-
Some names: Ricardo ( the classical system) , Smith (honorable mention for demolishing mercantilism) Say (for his Law) Mises (dismantling of socialism, etc.)
-
The Oppenheimer conquest thesis fails as well, or is as best incomplete.
-
However a man of superior wealth and talent would accomplish such a thing.
-
[quote user="Juan"]That article makes no sense whatsoever. According to Hoppe there's such a thing as 'natural elites' - but it turns out they get overthrown by a king ... which was a member of the natural elites. The thesis is wholly contradictory. If 'natural elites' really existed they would always retain 'natural'
-
The definition of "monopoly" that Classical economists used is a bit different to the one we use. A "monopoly" was a firm with which no-one could legally compete. A common form of monopoly would be when the government makes itself the sole provider of a good (like the post office supplying first-class mail). I'm not aware of
-
First off, I think that Stranger is right when he says that monarchy requires certain conditions to emerge. Hoppe identifies why States were predominantly monarchical in the past: [quote]Due to superior achievements of wealth, wisdom, and bravery, these individuals come to possess natural authority, and their opinions and judgments enjoy wide-spread