Heinz Blasnik- Views You Can Use Message Board

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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: Don Lloyd who wrote (2450)	6/12/2003 12:35:51 PM
From: GraceZ	Read Replies (1) of 4904

I can't help but believe that you hold a logical mental structure of economics, but your use of economic words doesn't correspond to Austrian, Keynesian, Marxist or Classical economics, or anyone else's that I am aware of. I learned what I know about economics from someone who 20 years ago, after having studied every economic school out there (including the darling Austrians), set out to personally prove or disprove the theories available (with rigor -g-). If it doesn't look like my definitions or ideas come from a particular school it is because they don't. In order to be precise he had to distill his own definitions for words which by that time had been greatly abused by the current demand school of economic thinking. Contrary to what I've been accused of here, I have a high opinion of Von Mises, he is considered by many to be the father of supply side and many people like Hayek and Friedman started with his ideas. Having a high opinion of someone doesn't stop one from questioning their logic or the usefulness of their thesis in modern times or trying to go a few steps further. Einstien didn't disprove Newton.

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