Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: HB who wrote (36409)	11/16/1998 3:18:00 PM
From: Mike M2	Read Replies (3) of 132070

HB, Ludwig von mises is considered to be the father of the modern school of Austrian economics. The austrian school was first launched by Carl Menger in his " Principles of Economics" in 1871 . One of his students Eugene Bohm-Bawerk further developed the school in his "Capital and Interest" . Mises was a student of Bohm-Bawerk and his great achievement was " The Theory of Money and Credit" -many austrians refused to accept mises breakthrough in the theory of money and business cycles. Fredrich von Hayek was a follower of Mises who concentrated on developing Mises insights into a systematic business cycle theory. The Keynsean school emerged as the dominant theory in part because few economists read German and Mises " Theory of money and Credit " was not translated into English until 1934 by Lionel Robbins author of " America's Great Depression" . Mises had anticipated the Great depression in the late 1920's. I'll post a url to a Mises site and a Hayek site later. Do not listen to Austrian detractors like da Mythman he is foolish and impatient -g- . Mike ho ho ho

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next