Onion Eater
Well-known member
- Joined
- Jun 28, 2008
- Messages
- 753
- Reaction score
- 139
- Location
- Scottsdale, AZ
- Gender
- Male
- Political Leaning
- Libertarian
Stephen Zarlenga said:Infrastructure repair (including human infrastructure - health and education) would provide quality employment throughout the nation. There is a pretense that government must either borrow or tax to get the money for such projects. But it is a well enough known, that the government can directly create the money needed and spend it into circulation for such projects, without inflationary results.
Victor Aguilar said:In America we have only had one bout with hyperinflation and, over 200 years later, the phrase “not worth a Continental” is still part of our language. Indeed, the collapse of the Continental was inevitable because, having spent Continentals directly into the economy (mostly for soldiers’ wages), the Continental Congress had nothing in their portfolio with which they could buy them back. They were, in fact, benevolent men who had no desire to see their newly-won nation racked with hyperinflation, but they could no more recall the paper money that they had printed than Frankenstein could recall his monster.
Are you still upset that your book has no reviews on Amazon?
Peter J. Boettke said:Theodore A. Burczak's Socialism after Hayek is a thoroughly researched and thoughtful examination not only of the ideological debate that framed the twentieth century, but of Hayek's intellectual framework. Burczak hopes for an economic framework that is both humanistic in its approach and humanitarian in its concern while being grounded in good reasons. The book should be on the reading list of every comparative political economist and in particular anyone who wants to take Hayek seriously, including those who would like to push Hayek's classical liberal politics toward the left in the twenty-first century. Burczak has made an outstanding contribution to the fields of political and economic thought and to Hayek studies in particular.
Link please.
Is this really the new position of Austrian economics? For those who don't know, Peter Boettke is the Director of Graduate Studies in Economics at George Mason University, Fairfax, Virginia. He is also the editor of the Review of Austrian Economics. So I would take his opinion as canonical. Is it not?
Amazon.com: Axiomatic Theory of Economics (9781560722960): Victor Aguilar: Books
For a believer in straw man arguments, any opinion that suits you is canonical.
Review of Austrian Economics said:Socialist objectives can be achieved in a market context with the rule of law if market socialism were to take the form of competitive worker-owned and self-managed enterprises, supplemented by universally available welfare redistributions, which could include a basic income, universal capital grants, or education and health insurance vouchers.
Nobody familiar with academia would deny that the editor of a journal is an acknowledged leader
You can't debunk the entire Austrian school by highlighting various individuals.
Richard C. Cook said:I worked with Steve [Zarlenga] on his first draft of the American Monetary Act. The time came when Steve and I began to meet with Congressman Dennis Kucinich, briefing him and others in Washington on monetary ideas.
So much has happened since then. So many more people have become aware of the evils of the debt-based monetary system. We have seen Congressman Ron Paul ignite a national wave of revulsion against the Federal Reserve System. There is now even hope that the American Monetary Act might be introduced on the floor of Congress.
I really don't care what Zarlenga or Boettke have to say. It makes no difference. If they spout off socialist nonsense does not make me a socialist.
Stephen Zarlenga said:Infrastructure repair (including human infrastructure - health and education) would provide quality employment throughout the nation. There is a pretense that government must either borrow or tax to get the money for such projects. But it is a well enough known, that the government can directly create the money needed and spend it into circulation for such projects, without inflationary results.
Zarlenga said:Infrastructure repair (including human infrastructure - health and education) would provide quality employment throughout the nation. There is a pretense that government must either borrow or tax to get the money for such projects. But it is a well enough known, that the government can directly create the money needed and spend it into circulation for such projects, without inflationary results.
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