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  • Production ≠ Creation?

    In the "Production" section, which follows the "Creative Genius" section of Human Action , Mises defines prouction as (p. 140) not an act of creation [...]. The producer is not a creator. Man is creative only in thinking and in the realm of imagination. In the world of external phenomena...
    Posted to Economics Questions (Forum) by Alan Aversa on Tue, Dec 27 2011
  • Can Ron Paul really end the FED?

    Can he? Supposing Dr. Paul gets elected president how would he be able to end the FED? There are tons of people who have an incentive to keep the FED around that he'll have to go against. It's just him and a handful of others in DC who want to end it. Do you think FED ending is realistic?
    Posted to Economics Questions (Forum) by Freedom4Me73986 on Thu, Jun 23 2011
  • Catholicism and Organ Trade

    I know there are a number of Catholics, at Mises and in other places, that draw on the Scholastic Tradition to provide an ethical grounding for free market principles in Catholic teaching. Now Benedict XVI has recently come out against a free market in organs : As I said in my first encyclical, the body...
    Posted to Economics Questions (Forum) by Lukas on Wed, Nov 12 2008
  • Natural economic order

    First of all, I would like to introduce myself. I am a computer programmer from the Netherlands. I am working on a theory of money and banking derived from the "Natural Economic Order" of Silvio Gesell. "Natural Economic Order" clearly states that the root the economic and monetary...
    Posted to Economics Questions (Forum) by niphtrique on Fri, Oct 3 2008
  • Abstraction and time in economics

    the following concerns a problem I'm working on for a course I am taking. The basic question is whether the idea of non-precisive abstractions is still useful when we apply it to events over time in the form of counterfactual comparison. The main reason that it may not be useful would be that it...
    Posted to Economics Questions (Forum) by Koen Swinkels on Thu, Sep 25 2008
  • Is abstraction necessarily a human action?

    Is abstraction necessarily purposeful behavior? Alfred Korzybski (General Semantics) takes the view that the process by which any organism's nervous system produces a sense perception of the "outside world" is abstraction. The abstraction is a neurological consequence of the limiting physiological...
    Posted to Economics Questions (Forum) by jpg on Mon, Aug 4 2008
  • Re: help me design a self-study course in Austrian economics

    i have recently designed the following course for my own use: rigourous introductory study centers around rothbard's 'man, economy, and state', via robert murphy's accompanying study guide as an auxillary map, and with mises' 'human action', 'theory of money and credit'...
    Posted to Economics Questions (Forum) by misesstudent on Wed, Oct 31 2007
  • Re: Innovation and technology from an austrian perspective

    OK it will be the English ones then. On a general note: I see technology as human activity applying knowledge about nature to master nature. One can go into a deeper discussion about this as well. And if you like we can do this later. [quote user="Edgar729"] I will take a look at any perspective...
    Posted to Economics Questions (Forum) by Torsten on Wed, Oct 3 2007
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