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Austrian Economics versus Mainstream Economics | Mark Thornton

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Uploaded by on Jun 28, 2011

Presented at the Ludwig von Mises Institute in Auburn, Alabama, on 24 June 2011.

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Top Comments

  • It all makes sense!

    Ron Paul 2012!

  • You like Austrian Economics? You will like Ron Paul. Google him.

    Ron Paul 2012.

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All Comments (115)

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  • @MichaelPolios

    Kindof comical.......He wants X, I think X will never happen, therefore X will never happen.

  • So, I wonder how Austrian economists define capitalism? On the basis of markets and property rights?

  • @MichaelPolios Why is it unrealistic? To me it makes perfect sense and would greatly benefit the USA.

  • @bilsim1 What, that's not what i meant. He's goals are unrealistic; for instance, he wants to bring back the gold standard but that's never going to happen therefore it's an unrealistic goal.

  • @MichaelPolios Because only killing the innocent, robbing the taxpayers and lying to the world is "realistic"?

  • Ron Paul = great ideas, highly unrealistic

  • @splendidtrouser But that's the thing, Ron Paul want to "fix" the society by getting the government out of the way and let the market do the job.

  • Mainstream economists use laboratory rats? So we should be able to test this assertion by looking at different universities and measuring the price of laboratory rats relative to the size of their economics departments.

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