Thanks Eusdaiki, you are quite right. A google search produced this link http://www.amazon.com/Triumph-Nerds-Robert-X-Cringely/dp/B00006FXQO...
Well, hmmm... Where to begin; perhaps by examples of what is not a free market. What you call a free market still appears to me to be an...
Raul641 the points in your last post are well taken. ideologically a free market works perfectly but in the real world it is problematic. A...
So A and B conspire to form a monopoly and satisfy their interests at the expense of all others, and in the process distort the market. Hardly...
The idea of calling an auction where one bidder shows up, who in all likelihood was a front man for the entity holding the auction, a free market...
Thanks for the links Hydroblunt. Interesting reading, although very grim. From what I can see so far ideas that any Austro-libertarian...
OK. I'll bite. What did he tell Pinochet and when did he tell him? I've been Googling and don't find much as a direct reference to Sennholz and...
Or one whose only response to ideas that don't match his own is to smear the author
Some thoughts on Milton Friedman and monetarist ideas http://www.mises.org/story/2414
Absolutely right. For anyone interested in a good description of what the Austrian theory is as it relates to inflation and the business cycle...
Quite true. When gold coinage was the currency it was debased by alloying it with other metals to make the real supply stretch farther. The...
pardon me?
To address the original premise of this thread, which is "what is the monetarists criticism of the Austrian theory of the business cycle?" The...
Seems right to me. I had my identity stolen and the first clue I had that it had happened was when the voice on the other end of the phone...
In the context that the negative effects of inflation caused by the increase in new gold is reduced or even reversed by increases in efficiency of...
Strictly speaking, yes. It is an oversimplification to say that the purchasing power of gold will not go down with an increase in supply....
Excellent question. It is true that an increase in the volume of gold money is in fact an inflation but the key distinction here is that as the...
Most who object to the Austrian School believe in Keynesian interventionism, where the government and central bank attempt to influence the...
quote from link Switzerland has become the world's second biggest source of carry-trade credit after Japan as hedge funds and banks borrow tens...
That means she is #2 in line for the presidency.
Separate names with a comma.