-
Surely the reason why big government isn't threatening to people is that over the past 100 years both prosperity and larger government have occured simulataneously, thus leading people to the incorrect conclusions about governments and prosperity. The ol' cum hoc ergo propter hoc study of economics.
-
[quote user="I. Ryan"] I have read the claim that enslavement implies lesser productivity. I have also heard Hoppe say that. Where can I find that argument? Does either MES or HA include that argument? Thanks. [/quote] I thought the Hoppean argument was that socialist slavery results in
-
ICE: http://www.daviddfriedman.com/Academic/Iceland/Iceland.html IRE: http://mises.org/journals/lf/1971/1971_04.pdf
-
For a description of the ill effects of medical licensure, an a possible free market alternative see M. Friedman Capitalism and Freedom , (Chapter 9).
-
I don't understand the thought experiment. It follows from the action axiom that humans strive to maximise their psychic income, that is, obtain the highest rank on their value scales. Reversing the statement appears to be an absurdity. Consider the statement "two property owners agree to an exchange becuase they think they will benefit from
-
For an extensive reading list, topic by topic see Praxeology Reading List.
-
The 3 books high up on the list for beginners are Principles of Economics by Menger Economics For Real People by Callahan Economics in One Lesson by Hazlitt Mises' Theory of Money and Credit is a nifty little pioneering work. I hear the first volume of Capital and Interest is a good summary and rebuttal of theories of interest. Bohm-Bawerk gets
-
And it appears it takes a Pulitzer prize winner to answer a simple question. No-one here is a Cantabrigian, or a member of the Keynesian cult. Take your internal bickering elsewhere.
-
A more accurate slogan would be "healthcare is a right but making someone give it to you or taking money from someone to pay for it is not a right". My slogan is less catchy though.
-
In your original post you argue that post Keynesian analysis stems from an error made by a man by Dennis Roberton. What does this have to do with Austrian economics? Anyone who has studied economics knows the derivation of the Aggregate Supply curve. For a critique of Keynesianism and Hicksian IS-LM analysis, etc., see chapter 18 of Reisman's Capitalism