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<p>[QUOTE="V. Kurt Bellman, post: 2492356, member: 71723"]The problem with quoting von Mises, and/or Hayek, is that Austrian School economics is soundly NOT EVEN RESPECTED AT ALL ANY MORE by the vast majority of economists, and I'm talking well over 90-95%. Yes, it has its adherents, and they certainly do like to write prolifically on websites, but really, they're cranks.</p><p><br /></p><p>Austrian School is an economic paradigm of the cranks, by the cranks, and for the cranks. And why not? It sells metals to people who only THINK they understand modern mainstream economics. You can't even DO that by reading von Mises. Throw that junk away, or put it in the discredited history department and start anew with Keynes leading all the way up to Reich.</p><p><br /></p><p>The only part of our economy that's unsustainable is the amount of economic power concentrated at the top end. That has to stop, but discussing why, or especially how, is blatant politics, <i>und das ist hier verboten! </i><u>I don't like that rule, but I don't get to write the rules.</u> To me, coins mostly ARE politics, if you think about them deeper.[/QUOTE]</p><p><br /></p>
[QUOTE="V. Kurt Bellman, post: 2492356, member: 71723"]The problem with quoting von Mises, and/or Hayek, is that Austrian School economics is soundly NOT EVEN RESPECTED AT ALL ANY MORE by the vast majority of economists, and I'm talking well over 90-95%. Yes, it has its adherents, and they certainly do like to write prolifically on websites, but really, they're cranks. Austrian School is an economic paradigm of the cranks, by the cranks, and for the cranks. And why not? It sells metals to people who only THINK they understand modern mainstream economics. You can't even DO that by reading von Mises. Throw that junk away, or put it in the discredited history department and start anew with Keynes leading all the way up to Reich. The only part of our economy that's unsustainable is the amount of economic power concentrated at the top end. That has to stop, but discussing why, or especially how, is blatant politics, [I]und das ist hier verboten! [/I][U]I don't like that rule, but I don't get to write the rules.[/U] To me, coins mostly ARE politics, if you think about them deeper.[/QUOTE]
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