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  • Re: why do banks charge interest on newly created loans

    let me guess, you watched "Money as Debt"? don't do that
    Posted to Economics Questions (Forum) by rstruzik on Tue, May 26 2009
  • Re: Healthcare Debate Help

    you should take a look at these: http://www.cato.org/pubs/pas/pa532.pdf http://www.cato.org/pubs/pas/pa-613.pdf
    Posted to Economics Questions (Forum) by rstruzik on Tue, Apr 7 2009
  • Re: Property Rights

    First, it is invalid to speak of the actions or desires of any collective, such as "humanity." Action can only be undertaken by individuals, so humanity can only refer to a group of individuals. Second, it is invalid to make interpersonal comparisons of utility. Therefore, it cannot be said that humanity (as the group of all individuals) is
    Posted to Political Theory (Forum) by rstruzik on Mon, Jan 19 2009
  • Re: Friedman Quote

    likewise, Mises wrote "If one rejects laissez faire on account of man’s fallibility and moral weakness, one must for the same reason also reject every kind of government action."
    Posted to General (Forum) by rstruzik on Wed, Jan 14 2009
  • Re: Best refutation of Keynes?

    you called? (haha, had to share)
    Posted to General (Forum) by rstruzik on Mon, Dec 1 2008
  • Re: What this guy thinks "consent to being governed" means.

    Mises said in Human Action (p.197 Scholar's Ed.): The power that calls into life and animates any social body is always ideological might, and the fact that makes an individual a member of any social compound is always his own conduct. This is no less valid with regard to a hegemonic societal bond. It is true, people are as a rule born into the
    Posted to Political Theory (Forum) by rstruzik on Wed, Nov 26 2008
  • Re: On the healthcare in a free market

    Cato.org has a couple detailed "Policy Analysis" papers on the subject. They offer good insight into the practical workings of different health care systems around the world and relevant statistics that demonstrate that the US health care system is far better than is portrayed by the media (sans Stossel). The Grass Is Not Always Greener: A
    Posted to Economics Questions (Forum) by rstruzik on Mon, Nov 24 2008
  • Re: Take that, tyranny

    the results are not so favorable if you spell barack obama correctly
    Posted to General (Forum) by rstruzik on Sun, Nov 16 2008
  • Obamania Newspaper Price Gouging

    Obama's Victory Pushes Newspaper Bids to $100 a Copy http://www.bloomberg.com/apps/news?pid=20601070&sid=aRUzxDm1xKDQ&refer=home "The sold-out Nov. 5 edition of the New York Times , headlined ``Obama: Racial Barrier Falls in Decisive Victory,'' is attracting bids of almost $100 on Internet auction site EBay. Copies, which cost
    Posted to Current Events (Forum) by rstruzik on Fri, Nov 7 2008
  • Re: wonder what to do on market failure

    You could address it from the standpoint of the economic calculation problem. You could admit that misallocations can occur in a free market insomuch that no participant in the market can predict the future with absolute certainty in a dynamic economy. You could address that this misallocation tends to minimized in the free market via profit and loss
    Posted to Newbies (Forum) by rstruzik on Thu, Oct 30 2008
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