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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: John McCarthy who wrote (95725)3/26/2009 12:16:38 PM
From: koan  Read Replies (2) of 116555
 
Look, I know Von Mises did some very revolutionary work on the importance of capitalism in "pricing" which laid a sound foundation for understanding how to form our societies economically.

What I am saying, is that he did that almost 100 years ago (1922) and today we have the knowledge to build much more fair and sophisticated societies, blending the necessity of capitalism for pricing, with modern social theory to build truely sophisticated modern societies which help everyone live a happy and healthy life.

Personally, I think this starts with ensureing a strong middle class.
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