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To: Joe Btfsplk who wrote (224977)10/19/2007 6:44:31 PM
From: Steve Lokness  Read Replies (1) | Respond to of 795158
 
An Oyster;

Steve, I'd agree that the basic "rights" and "wrongs" in Economics are pretty well settled

Oyster, there is very little agreed to in economics between the supply siders and other economic philosophies, including the Austrian school of economics. You gave a link to mises.org, which most surely is from the Austrain school. Ludwig von Mises would be rolling in his grave to suggest there isn't debate in economics - or that supply siders followed his thinking! I suspect LindyBill thinks along the lines of Supply siders, or trickle down economics as that is what the Bush team advocates. By the way, "W's" daddy is famous for calling supply side economics Voodoo economics. There is still much debate between supply siders and Keynesian believers.

Which economic principle do you believe in? I have listed three above and it is just absolutely not true that the rights and wrongs in economics are pretty well settled. The best proof of that, is of course, todays action in the stock market! By the way I believe in the Austrian School - so if you do too - we agree.

steve