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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (2927)7/3/2003 5:04:06 PM
From: LLCF  Respond to of 4913
 
Yea, economics as a whole is sooo limited. It always amazed me that you could cut down a forest and sell it increasing GDP [good] and economic growth [good] with no minus signs to be seen. In fact, the quicker you exploit all the land and kill all the Buffalo the more economic growth, supposedly more prosperous you are at that moment. Yippeeee!

DAK



To: yard_man who wrote (2927)7/3/2003 5:19:04 PM
From: LLCF  Read Replies (2) | Respond to of 4913
 
Fed getting aggressive??? Got gold?

Message 19083901

DAK



To: yard_man who wrote (2927)7/6/2003 1:45:03 PM
From: Bridge Player  Read Replies (2) | Respond to of 4913
 
<<<<It is possible to determine in terms of money prices the sum of the income or the wealth of a number of people. But it is nonsensical to reckon national income or national wealth.>>>>

Does this suggest that it is nonsensical to discuss Gross National Product, the total value of the goods and services producted by a country, in comparison with the goods and services produced by other nations?

If indeed Mises does intend to suggest that, I disagree.


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