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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (87365)12/21/2000 1:26:51 AM
From: Don Lloyd  Respond to of 132070
 
Ron -

...But you guys have to understand that I studied international affairs and security policy in college. ...

Yes, but you seem to have a pretty good understanding of most things anyway, despite that handicap. -g-

mises.org

"...The Austrian School
Also part of this mix, but in many ways apart from and above it, is the Austrian School. It is not a field within economics, but an alternative way of looking at the entire science. Whereas other schools rely primarily on idealized mathematical models of the economy, and suggest ways the government can make the world conform, Austrian theory is more realistic and thus more socially scientific.

Austrians view economics as a tool for understanding how people both cooperate and compete in the process of meeting needs, allocating resources, and discovering ways of building a prosperous social order. Austrians view entrepreneurship as a critical force in economic development, private property as essential to an efficient use of resources, and government intervention in the market process as always and everywhere destructive...."

Regards, Don