its so weird how these guys can be so right about this, and yet be such a minority.
i guess most people think with emotion first. but if only they knew we would all be better off under some kind of Austrian economic arrangement within society.
i guess it takes an appreciation of liberty and will power to not give in to instincts that are more adapted for nomadic tribes, rather than a civil society
The Boehm-Bawerk book whose title Huelsmann translates as 'Power Or Economic Law' is in English actually called *'Control Or Economic Law,'* just so you know for what to look on the internet or if searching a bookstore, or indeed on the Mises Literature PDF bank, where you can probably read it.
i've noticed this about hayek. he was concidered an economist, but everything he has to say seems to be ideology, philosophy or anthropology. it's good to have someone set that straight.
Byron Dale is asked how The Ludwig von Mises Institute is advocating a gold standard, and can we or can't we go to a gold standard. Mr. Dale lays down the hard facts.
Please check out ByronDalechannel Gold standard video called: Gold standard debunked - Interview with Byron Dale. I would invite opinions on this from intelligent people.
here is an extreme question as I am not sold yet on 100% gold standard: What if the majority of the worlds gold is held by one person and all the gold of the world has been mined by the same person. What incentive do they have to lend out gold when they potentially risk losing it to defaulters? Can I get an intelligent practical(not theoretical)answer to this question? Thanks!
Here is an extreme question as I am not sold yet on 100% gold standard: What if the majority of the worlds gold is held by one person and all the gold of the world has been mined by the same person. What incentive do they have to lend out gold when they potentially risk losing it to defaulters? Can I get an intelligent practical(not theoretical)answer to this question? Thanks!
@axltyler The people acting in the corporation enjoy a socialized form of insurance. The economic effect of this is extra risk-taking and so capital destruction. This risk-taking also has a crowding out effect because there is only so much available capital at any time.
Nice job compiling a probably (haven't finished viewing them all yet) comprehensive guide to Austrian econ, Nielsio; most of us get exposure to bits and pieces and aren't very complete until we finally read several books by Rothbard, Mises, and Hayek. This should strengthen the school's ranks no doubt.
This is seriously starting to annoy me
Unknownpersonithink 1 month ago
His accent, I'm going to cry
Unknownpersonithink 1 month ago
His face is just a little too perfect
Unknownpersonithink 1 month ago
This has been flagged as spam show
For anyone interested in Austrian economics, I have comedic video series that I am starting that is on my channel. Ron Paul 2012
CommonSenseLako 2 months ago in playlist Introduction to Austrian Economics
From the bottom of my heart, thank you for this.
lautzutao 4 months ago
This man is genius
nicolaslevydotnet 1 year ago 5
@nicolaslevydotnet His face is genius
Unknownpersonithink 1 month ago
its so weird how these guys can be so right about this, and yet be such a minority.
i guess most people think with emotion first. but if only they knew we would all be better off under some kind of Austrian economic arrangement within society.
i guess it takes an appreciation of liberty and will power to not give in to instincts that are more adapted for nomadic tribes, rather than a civil society
CytherLynx 1 year ago 2
lol "this is true scarcity"
redarrowhead2 1 year ago
How the hell does he remember these dates?
redarrowhead2 1 year ago
The Boehm-Bawerk book whose title Huelsmann translates as 'Power Or Economic Law' is in English actually called *'Control Or Economic Law,'* just so you know for what to look on the internet or if searching a bookstore, or indeed on the Mises Literature PDF bank, where you can probably read it.
Nintendomanwill 1 year ago
i've noticed this about hayek. he was concidered an economist, but everything he has to say seems to be ideology, philosophy or anthropology. it's good to have someone set that straight.
samm1809 1 year ago
Good presentation. Tough audience.
Gasolinealley00 1 year ago
TheByronDaleChannel | February 13, 2009
Byron Dale is asked how The Ludwig von Mises Institute is advocating a gold standard, and can we or can't we go to a gold standard. Mr. Dale lays down the hard facts.
Please check out ByronDalechannel Gold standard video called: Gold standard debunked - Interview with Byron Dale. I would invite opinions on this from intelligent people.
charronfamilyconnect 1 year ago
This has been flagged as spam show
here is an extreme question as I am not sold yet on 100% gold standard: What if the majority of the worlds gold is held by one person and all the gold of the world has been mined by the same person. What incentive do they have to lend out gold when they potentially risk losing it to defaulters? Can I get an intelligent practical(not theoretical)answer to this question? Thanks!
charronfamilyconnect 1 year ago
This has been flagged as spam show
Here is an extreme question as I am not sold yet on 100% gold standard: What if the majority of the worlds gold is held by one person and all the gold of the world has been mined by the same person. What incentive do they have to lend out gold when they potentially risk losing it to defaulters? Can I get an intelligent practical(not theoretical)answer to this question? Thanks!
charronfamilyconnect 1 year ago
What is the position the Austrian School of Economics has on the concept of the corporation as created by the 14th Amendment?
axltyler 1 year ago
@axltyler The people acting in the corporation enjoy a socialized form of insurance. The economic effect of this is extra risk-taking and so capital destruction. This risk-taking also has a crowding out effect because there is only so much available capital at any time.
Nielsio 1 year ago 8
@Nielsio That's how I've felt, that medical insurance is a form of privatized welfare.
axltyler 1 year ago
@axltyler Google "Roderick Long - Corporations versus the Market"
It's from Cato-Unbound's site. I usually refer people to that article. I can't post the link here but it should be the first result. Take care.
KingLeon1daz 1 year ago
thanks for opening the history and theories of Austrian economics to new students, in this video overview.
leafwatch 1 year ago 2
He's laying down bombs and no one is laughing, humorless Danes.
Anarchistim 1 year ago 28
@Anarchistim Haha it makes it even more funny.
Gasolinealley00 1 year ago
@Anarchistim Especially the gun shop anecdote.
kjorg27 1 year ago
@Anarchistim
First time I've heard danish hating on the internet. They Design Household tools so well though!
sleeknerve 1 year ago
Nice job compiling a probably (haven't finished viewing them all yet) comprehensive guide to Austrian econ, Nielsio; most of us get exposure to bits and pieces and aren't very complete until we finally read several books by Rothbard, Mises, and Hayek. This should strengthen the school's ranks no doubt.
selfrealizedexile 1 year ago 5