what economists say about minimum wage raise

evince said:
http://en.wikipedia.org/wiki/Austrian_school#Influence


Many theories developed by "first wave" Austrian economists have been absorbed into mainstream economics. These include Carl Menger's theories on marginal utility, Friedrich von Wieser's theories on opportunity cost, and Eugen von Böhm-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 in 2000, that "[the founders of] the Austrian School have 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."[80] 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."[81]

Chinese economist Zhang Weiying, supports some Austrian theories such as the Austrian theory of the business cycle.[82] 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 and Universidad Francisco Marroquín in Guatemala. Austrian economic ideas are also promoted by privately funded organizations such as the Mises Institute,[83] and the Cato Institute.
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Tell us in your own words Desh... what do you think the above MEANS?

Why did you post it?
 
the right today is Austrian.


they are the short bus school.

they are not the best experts of the moment no matter how much you lie to yourself
 
evince said:
the right today is Austrian.


they are the shot bus school.

they are not the best experts of the moment no matter how much you lie to yourself
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So you think you can keep on spewing forth your nonsense and pretending it is 'fact'?

You realize everyone reading this thread can see you have not been able to provide any evidence to support the above nonsense?
 
your party is wrong

you pretend you don't back them them you defend them at every fucking turn.

your a worthless lying piece of fuck
 
She clearly has no idea what she is talking about here. What type of economics is associated with Republicans, specifically Reagan, and right-wingers? Supply side economics or 'trickle down' as it has been referred to. Supply side comes from the Chicago school of economics.
 
cawacko said:
She clearly has no idea what she is talking about here. What type of economics is associated with Republicans, specifically Reagan, and right-wingers? Supply side economics or 'trickle down' as it has been referred to. Supply side comes from the Chicago school of economics.
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I know. She is an idiot. She proves that more and more each day. The best part was when she insulted herself.
 
see them lie about their associations with the Austrian school?


they gave nothing and I gave mountains of evidence that is clear that is what the right is doing today.

stupid fucking lying assholes
 
evince said:
http://en.wikipedia.org/wiki/Austrian_school#Influence


Many theories developed by "first wave" Austrian economists have been absorbed into mainstream economics. These include Carl Menger's theories on marginal utility, Friedrich von Wieser's theories on opportunity cost, and Eugen von Böhm-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 in 2000, that "[the founders of] the Austrian School have 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."[80] 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."[81]

Chinese economist Zhang Weiying, supports some Austrian theories such as the Austrian theory of the business cycle.[82] 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 and Universidad Francisco Marroquín in Guatemala. Austrian economic ideas are also promoted by privately funded organizations such as the Mises Institute,[83] and the Cato Institute.
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read idiot
 
evince said:
http://www.nytimes.com/2014/01/26/us/politics/rand-pauls-mixed-inheritance.html?_r=0



That worldview, often called “paleolibertarianism,” emerges from the Ludwig von Mises Institute in Alabama, started with money raised by the senior Mr. Paul. It is named for the Austrian émigré who became an intellectual godfather of modern libertarian economic thinking, devoted to an unrestricted free market.



Some scholars affiliated with the Mises Institute have combined dark biblical prophecy with apocalyptic warnings that the nation is plunging toward economic collapse and cultural ruin. Others have championed the Confederacy. One economist, while faulting slavery because it was involuntary, suggested in an interview that the daily life of the enslaved was “not so bad — you pick cotton and sing songs.”


mises is austrian
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see you fucking liars
 
evince said:
see them lie about their associations with the Austrian school?


they gave nothing and I gave mountains of evidence that is clear that is what the right is doing today.

stupid fucking lying assholes
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LOL. You can't put a price on this.

And yes Desh, the thousands of 'gentle readers' are quite aware you are way over your head here.
 
evince said:
http://larouchepac.com/node/16441


When Rand Paul demands austerity, such as when he supports the Obama Deficit Commission's recommendations to slaughter the elderly, he always says this is how the Austrian School has explained economics to him. In an interview last Sunday, for example, Paul pointed to the Austrian School of Economics outlet, the Cato Institute. He praised Cato's Christopher Edwards for urging the destruction of NASA, Medicare, and Social Security.

Jeff Steinberg's EIR piece, "The Legacy of Friedrich Von Hayek: Fascism Didn't Die With Hitler," spotlighted the role of the Austrian School in the European oligarchy's Conservative Revolution, their drive for universal fascism.

Let us now further situate the foreign enemy which has possessed Rand Paul's mind, the Austrian School economists, and their origin in the Hapsburg-British imperial war against the United States of America.
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youre fucking liars
 
cawacko said:
She clearly has no idea what she is talking about here. What type of economics is associated with Republicans, specifically Reagan, and right-wingers? Supply side economics or 'trickle down' as it has been referred to. Supply side comes from the Chicago school of economics.
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No response here Desh? Now ask yourself 'gentle reader' why would Desh ignore this?
 
evince said:
see them lie about their associations with the Austrian school?


they gave nothing and I gave mountains of evidence that is clear that is what the right is doing today.

stupid fucking lying assholes
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LMAO... what 'mountains of evidence' you fucking moron?

You pointed to ONE organziation (CATO) and ONE politician (RAND)... you then try and pretend that is the platform of the Republican party despite the FACT that it is supply side economics that has dominated the right for the past 30 years. Not Austrian... Supply side. But you are too fucking retarded to know the difference.
 
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