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12 years ago @ Ludwig von Mises Insti... - Inside Venice’s ... · 0 replies · +3 points

Veneto libaro! Viva San Marco!

12 years ago @ Ludwig von Mises Insti... - Failure of the \'New E... · 0 replies · +2 points

You are wrong: Austrian economics IS a science in the same way as logic, mathematics, or geometry are sciences, not in the way that natural sciences (such as physics) are so. Austrian economics starts from self-evident, irrefutable postulates (that humans have purposeful behavior, that there is a variety of resources, that leisure is a good) and then deduces supply and demand, prices, business cycle theory, etc. etc. If the postulates are true (prove otherwise, if you can) and the logical deductions are sound (again, try to disprove, if you can), then the whole theory is true. It would be absurd to try to design an experiment to prove Austrian economics as it would be absurd to try do design an experiment to prove that the area of a circle is pi r^2.

12 years ago @ Ludwig von Mises Insti... - The FDA: A Pain From t... · 0 replies · +2 points

It's possible for sure. Just be careful how much you take it . It is, after all, a toxic alkaloid.

13 years ago @ Ludwig von Mises Insti... - The Essence of Society... · 1 reply · +2 points

Isn't there supposed to be a link where it reads in blue

even in the celebrated case of World War II

?

13 years ago @ Ludwig von Mises Insti... - Capitalist Contortions... · 0 replies · +1 points

I'll be looking to alternative to Amazon too. Isn't the owner of http://www.overstock.com/ of libertarian leanings?

14 years ago @ Ludwig von Mises Insti... - The Problems of Inflat... · 1 reply · +3 points

Is it Murray Rothbard who introduces Mises?

14 years ago @ Ludwig von Mises Insti... - Contra Bernanke on the... · 4 replies · -5 points

Rejecting fractional reserve banking does not imply rejecting bank loans. In a 100% gold standard, banks would lend out of time deposits (like certificates of deposit) that would pay interest, but not out of demand deposits.
All your other remarks are therefore unsubstantiated.

14 years ago @ Ludwig von Mises Insti... - Contra Bernanke on the... · 0 replies · -6 points

There is gold standard and gold standard. What you want is 100% gold dollar and no fractional reserve banking, so that banks cannot create dollars as in inverse pyramid over their gold reserves, like they did in the old gold standard, which caused business cycles of booms and busts like today. So 1 dollar would be equivalent to a certain weight of gold and no dollar can be created without 100% backing in gold.

14 years ago @ Ludwig von Mises Insti... - Finding the Birthplace... · 0 replies · +2 points

The Ludwig Von Mises Institute calendar says that he was born in Vienna. I guess the designers didn't do their homework.

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