-
excuse me... human action
-
1. i apologize. i have barged onto a forum and entered into a debate without reading the basis of the opponents arguments and their school of thought. 2. it is wrong for me to argue with Austrians without reading a "human understanding" and at least understanding its view (which are close enough to truth to gather an academic following) 3
-
"The first truth to be discovered about human action is that it can be undertaken only by individual "actors." 1. it is true that human action can only taken by the individual. There are no such things as ends of or actions by "groups," "collectives," or "States," which do not take place as actions by various
-
here i define a countries "will" by the actions and motives of its govenment. As for the distinction between keynesian theory and central banking monitary policy i mean both togeather. it seems that like you say, good in theory bad in practice the fed's original goal was to maintain the value of the $. keynesian policy value favors what
-
I am interested in the most likely scenario to the path of economic "recovery" Feel free to suggest other scenario's/variations 1. The euro crisis gets resolved through haircuts on bonds and the USA unemployment rate continues to drop Asia, SA and Africa keep growing and the world economy boom s 2. The euro zone fails and govts. defaults
-
i think that malachi simply wanted to argue for its own sake.
-
i hate tsa more than anyone (figure of speech) i am simply disclosing the results to defend my position that. 1. values of a nation can be aggregated. 2. the tsa is a breach of liberty that the majority of people support because they value security over liberty .
-
http://www.cbsnews.com/stories/2010/11/15/national/main7056945.shtml polling data is an example of collective will of a nation this is a clear example of how the public values security over liberty
-
malachi tell me in plain English "you cannot group together the collective will of citizens in a nation" i can't believe you truly disagree
-
to the original question 1. economics by definition deals with the material welfare of mankind 2. the goal for most countries is (by most opinion) a. to provide everyone at least basic necessities (food,water,medical care,ect) b. to improve the living standards of its citizens c. to make life easier for everyone 3. in the free (somewhat) market system