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PrivateAckbar (November 30, 1999 at 12:00 am)
It never occurred to me that we need free market forces in money.
Malthus0 (November 30, 1999 at 12:00 am)
@beigelycheenut ''On economics they're good, but I can never support them being a person of colour'' The 'Austrian School' only refers to economic ideas. As Mises & Hayek were keen to stress economic theory is value free. As such it is compatable with all political values. So being austrian does not commit you to any views on race or society. And I am sure Austrian Economist Virgil Henry Storr would be suprisied at the idea that he should not support the school due to his colour.
beigelycheenut (November 30, 1999 at 12:00 am)
@OldRightPaleocon Friedman often deviated from the monetarist view. No school predicts things like inflation and aggregate output increases perfectly. Sticking with a school blindly is no better than sticking with a religion. And there are huge problems with the Austrians (even though much of what they say is sound) in their tendency toward anarchy as well as many of their members promoting race nationalism. On economics they're good, but I can never support them being a person of colour.
aem945532 (November 30, 1999 at 12:00 am)
See 04:15 . This has unfolded recently with the Liberty dollar experiment in NC by the freedom fighter, Bernard van Notthaus. The Fed gov is trying to put him away for 22yrs just for making an independent currency that was backed by Gold and Silver reserves.
aem945532 (November 30, 1999 at 12:00 am)
@OldRightPaleocon Well put. Btw, your name, "oldrightpaleocon" is the shit! Someone needs to do a study on the psychology behind the Paleo-Austrian-Liberty combo versus the Vegan-Keynesian-Fascist combo. Its fascinating. RP 2012!
DavidByrne85 (November 30, 1999 at 12:00 am)
Hayek is a pathological fatalist. He's essentially a lunatic.
FrederikLambert (November 30, 1999 at 12:00 am)
@Malthus0 awesome, this will help out a lot. I like the Milton Friedman vids, so i would love Hayeks views
Malthus0 (November 30, 1999 at 12:00 am)
@FrederikLambert There are subtitles you know. Read the annotation at the begining of the video.
FrederikLambert (November 30, 1999 at 12:00 am)
I dont understand his english :s and i know his words are gold
cooljj82 (November 30, 1999 at 12:00 am)
@Malthus0 I would also like to add that people are inherently unpredictable. Because of that their are praxeological and epistemological problems to central planning. There is no way to forcast the decisions of 309 million people accurately. Ludwig Von Mises wrote very extensively about that. |
