Paulie
Diamond Member
- May 19, 2007
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His idea of economics doesn't presume to offer anything that is considered "best" for people.
His idea is to let the people themselves decide what is best. In a free market, I can decide my potential fate. If I fail, then at least I failed on my own merits.
I was speaking more in general. Is that right Dude? No offense Paulie, unless you are his spokesman.
He's a free market 'Austrian', like myself.
I know his position well enough to speak for it.
How does he presume to know what's best for millions of people? As a free market Austrian, he would never attempt to make a single decision for anyone. That's the way the school of thought works.
Unless you're saying that by advocating such, it's considered "knowing what's best for millions of people". I wouldn't say it's knowing that Austrian is best for people, but more of saying that we already KNOW that Keynesianism is not, so why don't we try something new and fresh instead of the same old played out approach that obviously hasn't solved the issue of price stability, wage stability, income disparity, etc.