Shadow of the Austrians: Researchers Making Similar Conclusions to AE Economists

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After watching Hannibal's video, I thought I take a stab at the matter since I am biased toward Austrian Economics. I focused on the work of Robert Higgs on the effects of the government on the economy during the Great Depression and compared it to the work of Garret Jones and one other economist on the matter. The conclusions are quite startling.

Higgs' Regime Uncertainty paper:

http://www.independent.org/pdf/tir/tir_01_4_higgs.pdf

Higgs' other papers related to the matter:

http://www.independent.org/publications/working_papers/article.asp?id=1499

http://www.independent.org/publications/working_papers/article.asp?id=1498

Note, the latter two are being published at the University of Chicago, but I can't be certain if it's from their journals or not.

Garret Jones' interview on Econtalk plus transcript:

http://www.econtalk.org/archives/2011/09/garett_jones_on_1.html

Extra linkage:

Chinese economist influenced by the Austrians:

http://en.wikipedia.org/wiki/Zhang_Weiyin

His call for extending economic reforms:

http://finance.sina.com.cn/20090217/10345864499_3.shtml

James M. Buchanun bio-article since he's often lumped in with Hayek and he seems to have no problems regarding it:

http://en.wikipedia.org/wiki/James_M._Buchanan

And oddly, Robert Barro makes a similar conclusion or statement on the matter of the spending multiplier of governments:

http://www.nationalreview.com/corner/197403/robert-barro-great-depression/ver...

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[ghostbuddy]

I posted three comments, and he blocked me within a couple of minutes. No discussion - no debate - not so much as a warning. Really lame.

[ladyattis]

@Ujamesl978 Half-way through the video. It's a hasty generalization that some people make because it seems LvMI makes similar statements. What makes LvMI different, and possibly more dangerous, is that it doesn't explicitly advocate any position in terms of political policy.

[Christ724]

@fringeelements

BrainPolice:"You obviously have bots and several different accounts in your subscribers, theres no way you got that popular within a few weeks." You: "Oh no, somebody call the WHAMbulance for this guy down here. Suck it up buddy, the odds are against me and im just evening them out"

You don't know what a cult follower is? Wow, you must be super retarded

[TennesseeOwnsMyBones]

@fringeelements That is correct... It is stupid anyone would agree with you.

[fringeelements]

@Christ724 lolwut? Name one sock puppet I have. And what's a "cult follower"? I make videos and write blogs and have people who generally agree with me. This is stupid.

[Christ724]

@Pentazoid111 I think he definitely overreacted with this latest video. I can't say I blame him too much though, seeing as FE has a billion sock puppets and cult followers, it's just really surprising that he would lump you with them. =/

[ladyattis]

@Pentazoid111 He's making the accusation that I'm FE's troll-operative. I'm done with him. Maybe when he takes a xanax or something, then we can discuss this further.

[Pentazoid111]

@ladyattis Please ladyattis can you make a video response to his recent vid watch?v=V3SQuFB_LxM&feature=ch­annel_video_title and SLOWLY explain to him that empiricism as a methodology is not always valid for every human discipline(i.e. mathematics, ethics, philosophy etc) and that the peer review culture is very much prone to corruption more than what is believed . I would myself but he blocked me from his channel(on both yt accounts).

[ladyattis]

@AxiomaticLiberty Pretty much. Just as the ideas of a secular state were first put forward by Locke, Hobbes, and company. Anarchy as a general concept needs to be put forward in a coherent fashion to stimulate discussion on the matter of alternatives to the current operation of society.

[ladyattis]

@AxiomaticLiberty I don't think they would form in the current civilization because the social institutions and norms are not present to facilitate such a transition. If anything, it could lead to conditions worsening if we dismantled the State.

[ladyattis]

@AxiomaticLiberty I think that governmental interventions are ultimately doomed to fail on the grounds that human beings are not farsighted. And really, no human being can be farsighted on complex matters. The best one can hope to do is to diffuse the impact of bad decisions, so that the social costs are minimal. That may include regulation and even deregulation, but it doesn't include necessarily the abolition of polity entirely.

[mana2432]

@AxiomaticLiberty lol