All true, but as a whole: false & wrong. THE LIE is looking at the broken window as if it just randomly happened on a nice day. But Keynesian stimulus is NOT for a nice nor random day. It's historically used to keep an economic crisis from spiraling into something worse. ...as negative feedback to the crisis. So yes, it's an obvious net "bad", the only good is the lack of horrible. Boo hoo. You Austrians whimper NO FREE LUNCH! Gee, no shit, Sherlock.
@DugbaLaser - That's right! It wouldn't make sense to break your windows if your house in in perfect condition, but let's say your roof starts leaking. It would obviously be in your best interest to break your windows at that point. Heck, I'd burn down my house! Imagine all the overtime I'd have to put in just to replace everything I lost. It would be great fun! It's a good thing there are folks like us around to set these crazy Austrians straight.
Who REALLY runs our world? search "israel Did 911 All Proof in the World" and search "ZionCrimeFactory" for proof.
Reporting on the death of supremacist Zionist leader David Wolffsohn, the September 17, 1914, edition of THE NEW YORK TIMES tells us that during his closing address at the Zionist Congress at the Hague in 1907 Wolffsohn “pleaded for greater unity among the Jews and said that eventually they must conquer the world.”
w(dot)zioncrimefactory com/jew-world-order SPREAD THE TRUTH!
Ayn Rand was not a propopent of Lassiez-Faire Capitalism. As Murray Rothbard said about Ayn Rand; "she is too committed emotionally to worship of the Big Businessman-as-Hero to concede that it is precisely Big Business that is largely responsible for the twentieth-century march into aggressive statism."
If these principles were utilized in our current system, it would be a revolution of the best kind. However, I must caution those who believe that somehow removing ourselves from the world will stop people from attacking us, they are sorely mistaken. Those who are not responsible with their resources would turn their attention to taking the resources of those who have. Foreign policy and social issues is why Rep. Paul will never take the White House. This is great for economics though!
All true, but as a whole: false & wrong. THE LIE is looking at the broken window as if it just randomly happened on a nice day. But Keynesian stimulus is NOT for a nice nor random day. It's historically used to keep an economic crisis from spiraling into something worse. ...as negative feedback to the crisis. So yes, it's an obvious net "bad", the only good is the lack of horrible. Boo hoo. You Austrians whimper NO FREE LUNCH! Gee, no shit, Sherlock.
Now grow up and act like it.
DugbaLaser 1 week ago
@DugbaLaser - That's right! It wouldn't make sense to break your windows if your house in in perfect condition, but let's say your roof starts leaking. It would obviously be in your best interest to break your windows at that point. Heck, I'd burn down my house! Imagine all the overtime I'd have to put in just to replace everything I lost. It would be great fun! It's a good thing there are folks like us around to set these crazy Austrians straight.
muridsilat 1 week ago
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Who REALLY runs our world? search "israel Did 911 All Proof in the World" and search "ZionCrimeFactory" for proof.
Reporting on the death of supremacist Zionist leader David Wolffsohn, the September 17, 1914, edition of THE NEW YORK TIMES tells us that during his closing address at the Zionist Congress at the Hague in 1907 Wolffsohn “pleaded for greater unity among the Jews and said that eventually they must conquer the world.”
w(dot)zioncrimefactory com/jew-world-order SPREAD THE TRUTH!
LordLindsey12 1 week ago
Ayn Rand was not a propopent of Lassiez-Faire Capitalism. As Murray Rothbard said about Ayn Rand; "she is too committed emotionally to worship of the Big Businessman-as-Hero to concede that it is precisely Big Business that is largely responsible for the twentieth-century march into aggressive statism."
TheManiacalSatanist6 3 weeks ago
If these principles were utilized in our current system, it would be a revolution of the best kind. However, I must caution those who believe that somehow removing ourselves from the world will stop people from attacking us, they are sorely mistaken. Those who are not responsible with their resources would turn their attention to taking the resources of those who have. Foreign policy and social issues is why Rep. Paul will never take the White House. This is great for economics though!
Playit87 3 weeks ago
@waysoflife88 The song is not Aphex Twin's "Avril 14th." Anyway, great little video.
JovianAtrocity 1 month ago
I have several comments:
1. I love the music, Avril 14th?
2. Ron Paul influenced me to learn about austrian economics.
3. I am half way through this book ( you might say..why only half way?) well im also reading ron paul's "Liberty Defined" at the same time.
4. Between Economics in one lesson, The Revolution (ron paul), and Liberty Defined (Ron Paul), I am more educated now than all my years in school.
~Thank you Ludwig Von Mises and all Austrian Economists!
waysoflife88 1 month ago
@waysoflife88 So, what do you think about praxeology and the rejection of empiricism?
Waywardpaladin 4 weeks ago
@waysoflife88
Your studying is the revolution will never end. These ideas are powerful. You will become a powerful person after reading those three.
Hayek's road to serfdom got me started
Ron Paul 2012. Balanced budgets, Free Markets, Peace, and sound constitutional money
1cont 3 weeks ago
Excellent video. Sound logic.
LucisFerre1 2 months ago
Great Book.
humanvegetable 5 months ago