An Austrian Perspective of the History of Economic Thought by Murray N. Rothbard. #history #rothbard #aphet #learnaet #economics
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An Austrian Perspective of the History of Economic Thought by Murray N. Rothbard. #history #rothbard #aphet #learnaet #economics
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Murray N. Rothbard: "We have heard a great deal in recent years of the “public sector,” and solemn discussions abound through the land on whether or not the public sector should be increased vis-à-vis the “private sector.”" mises.org/mises-wire/f... #rothbard #publicsector #freemarket #learnaet
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Frank Shostak: "Most economic commentators are of the view that when an economy is starting to experience difficult times the central bank should provide support to the economy by means of large increases in money supply." mises.org/mises-wire/c... #moneysupply #centralbank #economicgrowth #learnaet
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An Austrian Perspective on the History of Economic Thought by Murray N. Rothbard mises.org/library/book... #rothbard #history #learnaet
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Murray N. Rothbard: "Protectionism and the Destruction of Prosperity" ... "Protectionism, often refuted and seemingly abandoned, has returned, and with a vengeance." mises.org/articles-int...
#rothbard #tariffs #taxation #learnaet #protectionism #statism
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The truly intelligent artificial intelligence should be able to answer one crucial question: Which economic theory is correct?
#ai #artificialintelligence #economics #economictheory #learnaet #mises #rothbard #marx #keynes
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Jorge Besada: "Founder of the Austrian School of economics, Carl Menger, some of his most famous intellectual descendants like Ludwig von #Mises, 1974 Nobel Laureate in Economics F.A. #Hayek, and author of the best-selling Economics in One Lesson Henry Hazlitt" mises.org/mises-wire/h... #learnaet
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Ludwig the Builder by Jonathan Newman:
"An attractive way to introduce children to some implications of scarcity and how mismatches between entrepreneurial plans and available resources lead to economic disaster." store.mises.org/Ludwig-the-B... #education #scarcity #economics #learnaet #capitalism
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Jonathan Newman: "Keynes held that the economy can suffer extended periods of high unemployment because of deficient aggregate spending." mises.org/mises-wire/o... #keynes #learnaet #unemployment #economics
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Unions always want above-market wages. They use violence and the threat of violence to achieve their goal. At whose expense? Entrepreneurs? Shareholders? Landlords? No! They actually benefit at the expense of non-union workers and consumers. This is the truth. Read Rothbard on this. #learnaet
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Look at the gibberish in the Gresham's Law article on Wikipedia! And understand that the correct explanation of the law was revealed by Ludwig von Mises: "Money overvalued by the government (i.e., "bad" money) drives out money undervalued by the government (i.e., "good" money)". #learnaet #mises
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Murray Rothbard's masterpiece on #economics.
#booksky #rothbard #learnaet
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Joshua Mawhorter: "Though it is full of fallacies, so-called Marxian “class” analysis still pervades much popular and political discourse. This divisive worldview unnecessarily exacerbates conflicts between groups..." mises.org/mises-wire/c... #marx #learnaet #marxism
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"However, a closer scrutiny reveals that the New Brandeisian school is not a revolutionary departure, but rather a repackaging of the Harvard School’s interventionist frameworks, cloaked in populist rhetoric." mises.org/mises-wire/n... #monopoly #antitrust #statism #interventionism #learnaet
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"The concept of the supply of money plays a vitally important role, in differing ways, in both the Austrian and the Chicago schools of economics. Yet, neither school has defined the concept in a full or satisfactory manner." mises.org/articles-int... #moneysupply #learnaet #money #austrianeconomics
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Javier Milei is inspired by the ideas of the Austrian School of Economics. In short: economically, he is Austrian. #learnaet #mespm
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Jesús Huerta de Soto:
#learnaet #mespm #austrianeconomics #austrianschool
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You cannot convince more than seven billion economically illiterate people on the planet through personal interaction, but you can point them to the source of true knowledge. mises.org/library/book... #mespm #learnaet #praxeology #rothbard #austrianeconomics #capitalism #marketeconomy #milei
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Everyone can download mp3 file of Murray Rothbard's "Man, Economy, and State with Power and Market" and have the pleasure of listening to the crystal clear economic prose of the greatest economist of the XX century. mises.org/library/book... #mespm #learnaet #austrianeconomics #praxeology #rothbard
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First of all, people should realize that the greatest danger to their savings is the state, the government, which constantly and relentlessly depreciates their money by creating more and more of it out of thin air. #learnaet #austrianeconomics #fiatmoney #statism #inflation #goldstandard #mespm
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Everyone, at every moment of his life, proves the correctness of Mises' praxeology and Austrian economic theory by choosing first ends and then means to archive the ends. mises.org/library/book... #mises #rothbard #humanaction #mespm #praxeology #economics #learnaet #economicdemocracy
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How can a socialist commune manage "common ownership" without leadership, without managers? It cannot. So the leadership becomes the state, the government. So you get the socialist state. mises.org/library/book... #socialism #communism #nazism #meansofproduction #learnaet
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It's too foggy. Read Rothbard on money, please! #learnaet
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Yes, the state must live on its revenues and not spend more. Rothbard was right when he called for 100% reserve banking. Because it benefits everyone (except the state and the bankers), including such economic ignoramuses as you. #learnaet
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False, delusion. #learnaet
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You can't defeat fiat money with cryptos until you get people to learn and accept true monetary theory, that is Austrian monetary theory. #learnaet #bitcoin #fiatmoney #hardmoney
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You can only understand statistical data correctly if you first have the right economic theory. Not the other way around. In fact, you are using economic theory, but the wrong one. #learnaet #praxeology
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You are inconsistent. You act (!) exactly as #praxeology says: You choose an end, then you choose the means to achieve the end. Everyone does that. It is the nature of homo sapiens. #learnaet
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