Some Advice From Me To All You Liberals

[evince]

prove it pudlapper

[evince]

prove it pudlapper




https://en.wikipedia.org/wiki/Austrian_School



The Austrian School is a school of economic thought that is based on methodological individualism – the concept that social phenomena result from the motivations and actions of individuals.[1][2][3] It originated in late-19th and early-20th century Vienna with the work of Carl Menger, Eugen Böhm von Bawerk, Friedrich von Wieser, and others.[4] It was methodologically opposed to the Prussian Historical School (in a dispute known as Methodenstreit). Current-day economists working in this tradition are located in many different countries, but their work is still referred to as Austrian economics.
Among the theoretical contributions of the early years of the Austrian School are the subjective theory of value, marginalism in price theory, and the formulation of the economic calculation problem, each of which has become an accepted part of mainstream economics.[5]
Since the mid-20th century, many economists have been critical of the modern day Austrian School and consider its rejection of econometrics and aggregate macroeconomic analysis to be outside of mainstream economic theory, or "heterodox".[6][7][8][9] Austrians are likewise critical of mainstream economics.[10] Although the Austrian School has been considered heterodox since the late 1930s, it began to attract renewed interest in the 1970s, after Friedrich Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences.[11]

[evince]

Split among contemporary Austrians[edit]
According to economist Bryan Caplan, by the late twentieth century, a split had developed among those who self-identify with the Austrian School. One group, building on the work of Hayek, follows the broad framework of mainstream neoclassical economics, including its use of mathematical models and general equilibrium, and brings a critical perspective to mainstream methodology merely influenced by the Austrian notions such as the economic calculation problem and the independent role of logical reasoning in developing economic theory.[31]


Murray Rothbard
A second group, following Mises and Rothbard, rejects the neoclassical theories of consumer and welfare economics, dismisses empirical methods and mathematical and statistical models as inapplicable to economic science, and asserts that economic theory went entirely astray in the twentieth century; they offer the Misesian view as a radical alternative paradigm to mainstream theory. Caplan wrote that if "Mises and Rothbard are right, then [mainstream] economics is wrong; but if Hayek is right, then mainstream economics merely needs to adjust its focus."[31]
Economist Leland Yeager discussed the late twentieth century rift and referred to a discussion written by Murray Rothbard, Hans-Hermann Hoppe, Joseph Salerno, and others in which they attack and disparage Hayek. "To try to drive a wedge between Mises and Hayek on [the role of knowledge in economic calculation], especially to the disparagement of Hayek, is unfair to these two great men, unfaithful to the history of economic thought" and went on to call the rift subversive to economic analysis and the historical understanding of the fall of Eastern European communism.[32]
In a 1999 book published by the Ludwig von Mises Institute (Mises Institute),[33] Hans-Hermann Hoppe asserted that Murray Rothbard was the leader of the "mainstream within Austrian Economics" and contrasted Rothbard with Nobel Laureate Friedrich Hayek, whom he identified as a British empiricist and an opponent of the thought of Mises and Rothbard. Hoppe acknowledged that Hayek was the most prominent Austrian economist within academia, but stated that Hayek was an opponent of the Austrian tradition which led from Carl Menger and Böhm-Bawerk through Mises to Rothbard. Austrian economist Walter Block says that the "Austrian school" can be distinguished from other schools of economic thought through two categories – economic theory and political theory. According to Block, while Hayek can be considered an "Austrian economist", his views on political theory clash with the libertarian political theory which Block sees as an integral part of the Austrian school.[34]
However, both criticisms from Hoppe and Block to Hayek seem to apply to the founder of the Austrian School, Carl Menger, too. Hoppe emphasizes that Hayek, which for him is from the English empirical tradition, is an opponent of the supposed rationalist tradition of the Austrian School. However, Carl Menger made strong critiques to rationalism in his works, in similar vein as Hayek's.[35] He emphasized the idea that there are several institutions which were not deliberately created, have a kind of 'superior wisdom' and serves important functions to society.[36][35][37] He also talked about Burke and the English tradition to sustain these positions.[35]
Block, when saying that the libertarian political theory is an integral part of the Austrian School, and supposing Hayek isn't a libertarian, excludes Menger from the Austrian School too, once Menger seems to defend broader state activity than Hayek. As examples, progressive taxation and extensive labour legislation.[38]
Economists of the Hayekian view are affiliated with the Cato Institute, George Mason University (GMU), and New York University, among other institutions. They include Peter Boettke, Roger Garrison, Steven Horwitz, Peter Leeson and George Reisman. Economists of the Mises-Rothbard view include Walter Block, Hans-Hermann Hoppe, Jesús Huerta de Soto and Robert P. Murphy, each of whom is associated with the Mises Institute[39] and some of them also with academic institutions.[39] According to Murphy, a "truce between (for lack of better terms) the GMU Austro-libertarians and the Auburn Austro-libertarians" was signed around 2011.[40][41]

[cawacko]

Desh, you are completely clueless to various schools of economics and what they entail. All you can do is copy and paste from wikipedia. As I said, you have absolutely no clue what you are speaking about here.

[GazzaQueen]

prove it pudlapper




https://en.wikipedia.org/wiki/Austrian_School



The Austrian School is a school of economic thought that is based on methodological individualism – the concept that social phenomena result from the motivations and actions of individuals.[1][2][3] It originated in late-19th and early-20th century Vienna with the work of Carl Menger, Eugen Böhm von Bawerk, Friedrich von Wieser, and others.[4] It was methodologically opposed to the Prussian Historical School (in a dispute known as Methodenstreit). Current-day economists working in this tradition are located in many different countries, but their work is still referred to as Austrian economics.
Among the theoretical contributions of the early years of the Austrian School are the subjective theory of value, marginalism in price theory, and the formulation of the economic calculation problem, each of which has become an accepted part of mainstream economics.[5]
Since the mid-20th century, many economists have been critical of the modern day Austrian School and consider its rejection of econometrics and aggregate macroeconomic analysis to be outside of mainstream economic theory, or "heterodox".[6][7][8][9] Austrians are likewise critical of mainstream economics.[10] Although the Austrian School has been considered heterodox since the late 1930s, it began to attract renewed interest in the 1970s, after Friedrich Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences.[11]

Then again you can stubbornly continue with your unsuccessful endeavors.

[evince]

posting facts is allowed asshole

[Amadeus]

How are you comparing being pregnant to being enslaved.

How else would you enforce an unwanted pregnancy?

[cawacko]

Ok. I can post a bunch of pointless wiki links as well. Do you get paid for it?

[GazzaQueen]

How else would you enforce an unwanted pregnancy?

Give the father an equal legal say.

[philly rabbit]

Lets take your argument to its logical conclusion. Should women be forced to have a child if they become pregnant? Should they be charged for murder if they have an abortion? Should women be enslaved for 9 months while fetus is gestating?

There is no religious argument against abortion (since the Bible clearly says that unborn and newborns are worth 5 shekels of silver), so we can safely dispense with their moral outrage and come up with a practical solution to the problem of unwanted pregnancies that doesn't reduce women to being slaves.

How about answering the question.

[evince]

Give the father an equal legal say.

he has no risk to his physical being involved


he has no right to make medical decisions for someone elses body

[Buckly J. Ewer]

Give the father an equal legal say.

Man speaking ^^^^...

So obvious...

[philly rabbit]

he has no risk to his physical being involved


he has no right to make medical decisions for someone elses body

OK .. what about a transgender?

Are you in support of them? They're the T in the LGBT community, right?

[evince]

Role of government disputed[edit]
According to Ludwig von Mises, central banks enable the commercial banks to fund loans at artificially low interest rates, thereby inducing an unsustainable expansion of bank credit and impeding any subsequent contraction.[64] Friedrich Hayek disagreed. Prior to the 1970s, Hayek did not favor laissez-faire in banking and said that a freely competitive banking industry tends to be endogenously destabilizing and pro-cyclical, mimicking the effects which Rothbard attributed to central bank policy. Hayek stated that the need for central banking control was inescapable.[65]
Influence[edit]
Many theories developed by "first wave" Austrian economists have long been absorbed into mainstream economics.[66] These include Carl Menger's theories on marginal utility, Friedrich von Wieser's theories on opportunity cost, and Eugen Böhm von Bawerk's theories on time preference, as well as Menger and Böhm-Bawerk's criticisms of Marxian economics.[citation needed]
Former U.S. Federal Reserve Chairman Alan Greenspan said that the founders of the Austrian School "reached far into the future from when most of them practiced and have had a profound and, in my judgment, probably an irreversible effect on how most mainstream economists think in this country."[67] In 1987, Nobel Laureate James M. Buchanan told an interviewer, "I have no objections to being called an Austrian. Hayek and Mises might consider me an Austrian but, surely some of the others would not."[68] Chinese economist Zhang Weiying supports some Austrian theories such as the Austrian theory of the business cycle.[69]
Currently, universities with a significant Austrian presence are George Mason University, New York University, Loyola University New Orleans, and Auburn University in the United States, King Juan Carlos University in Spain and Universidad Francisco Marroquín in Guatemala.[citation needed] Austrian economic ideas are also promoted by privately funded organizations such as the Mises Institute,[70] and the Cato Institute.

[evince]

OK .. what about a transgender?

Are you in support of them? They're the T in the LGBT community, right?

of course I support them

anyone who doesnt hates science