Max Keiser & Sandeep Jaitly Discuss Austrian School of Economics

Clip from the Keiser Report in which Max Keiser discusses the Austrian School of Economics with Sandeep Jaitly, an investment adviser and lecturer in Mengerian economics.

Category:

News & Politics

Tags:

• max keiser
• austrian school
• sandeep jaitly
• carl menger

[blue46gt]

The Austrian School predicted the crash.

[hodoprime]

No mathmatical formula can predict an individual human action.

[TWSceptic]

Left guy looks like a zombie

[hodoprime]

@ymkamara420 From a collective sense, you might be able to gather a trend. From an individual sense, you can't break it down into numbers. The point is that centralized planning mostly fails in effectively allocating resources to take care of the needs of the individual and thus fails at their collective goals.

[ymkamara420]

@hodoprime what are u serious? that is bullshit. we statistical information to predict human behavior all the time. u were kidding right?

[dantean]

@blue46gt Yeah, only Austrians get called "chicken littles" for predicting crashes of one kind or another roughly every ten minutes (see Peter Schiff, for example), making it not as impressive a feat as it would appear at first blush.

[mchlhunter9]

@orangedac. It seems that chotaboy66 is sitting on another planet with a calculator observing Earth - where he is indeed able to calculate the value of everything.

[docatomics]

...that is stacy cooky talk maximum

~this time sensitive notification of new upload was only 23 days late,

=not bad from what is expected of our non contractual performing partner FuckYouTube !

[ytgv3fc7]

@meadowsirl Being unguided IS how you address human needs. Being fully centrally controlled, guided, is how you stop all human needs from being met. Instead you meet the needs of just 1 controller and defy the needs of all humanity - what we have today.

The profit-motive is NOT the only motive. The LOSS motive is entirely different: avoid loss even without profit, just to survive

[WarzSchoolchild]

Carl Menger, founder of the Austrian School, was Private Tutor to Rudolf Crown Prince of Austria, and was a huge influence on him. It is highly probable that Prince Rudolf was assassinated! the Mayerling' arranged' suicide. Austrian Economics was far too sensible for Banksters! Empress Zita, (1892–1989), widow of the last Emperor, Karl (r: 1916-1918) and last surviving Crowned head from The Great War, claimed that the Crown Prince was murdered, and the crime was disguised as a double suicide!!