Theory and History (by Hans-Hermann Hoppe) - Introduction to Austrian Economics, 9of11

[Esoparagon]

Funny an anarcho-capitalist giving a lecture in Denmark - The epitome of social democracy hell.

[andriuxa1234]

how did i get here from metallica's the god that failed?

[Seaileanu]

@andriuxa1234 Dr. Hoppe has written a book entitled, "Democracy: The God that Failed".

It's excellent, and can be found on the web in PDF format.

[Jaluzaga]

"With the State of Liechtenstein I'm already negotiating."

Genius!

[Esoparagon]

@Jaluzaga I know! That made me laugh! So good! haha ^_^

[Jaluzaga]

If one were to refute Hans-Hermann Hoppe's statements one will be in a logical contradiction, therefore Hans-Hermann Hoppe will win the argument.

[universalcodes]

I love this, reminds me of a fragment on a theory of macroeconomics, very good book.

[Esoparagon]

Seriously, this stuff is like crack to me.

[Esoparagon]

What a beast!

[gulbirk]

so when you remove democrasy, what will you put in its place?

[Esoparagon]

@gulbirk polycentric law and capitalism.

[Hypatia1951]

Actually, Quigley's explanation is more plausible. It didn't make the people wealthier at that moment---but it may have produced a transfer of wealth into capital production.

[Hypatia1951]

It isn't moronic if you are trying to figure out whether to invest in Pork or Cattle.

[Harshjones]

Democracy should have market incentives. Why does the president only make $400,000 ?

The president should get a pay-out and at the end of their term based on how close they kept the country on a pre determined long term trajectory schedule. The further off the schedule he gets, the less his pay-out is.

[delatroy]

@Harshjones but salary isn't how presidents make their real cash. It comes afterwards, so if its 400 or 800 it won't really make a difference.

[truevoice08]

Just one question, how is heightened criminal activity attributable to an increase in welfare payments?

[Nielsio]

@truevoice08 Google 'how the welfare state corrupted sweden bylund'.

[eccitante]

@truevoice08 Notice the dramatic increase in crime when the USA came off the gold standard: search wikipedia for Incarceration_rate_of_inmates_­incarcerated_under_state_and_f­ederal_jurisdiction_per_100,00­0_population_1925-200

[truevoice08]

These lectures are gold. Thank you so much!

[paulvahur]

Thank you for uploading the series. I have to compliment you on the technical quality: sound, video, lights. Very good work!