[lbo-talk] Austrians Caps...

socrates77 at riseup.net socrates77 at riseup.net
Mon Feb 27 06:42:09 PST 2012


Totally true Chuck, I also puked reading Von Mises! Thank you for you point of view!

Indeed you help me.


>
> I'm looking for some critics about Austrian economics, mainly that focused
> in the privatization of money and central banks. Can anyone help me with
> papers or even some points for a good debate with them?
>
> This kind of theory is getting pretty damn serious here! Socrates 77
>
> ---------------
>
> I can hope somebody finds something for you, but I kind of doubt it.
> Critics
> of current policy and critics of policies based on Hayek et al. usually
> don't get published in the US regular menu.
>
> I tried to read Hayek and started to violently puke on page 32 of
> Individualism and Economic Order. If you haven't read some of the original
> sources, that's were I would start. Then go back and flush out the social
> history that surrounded this movement. At its foundation is not just a
> story
> of anti-communist hacks, but a more serious rejection of various aspects
> of
> Hegelian philosophy, essentially those that inspired Marx, i.e. collective
> v. individual.
>
> In this schema, the Austrians attacked most forms of the collective by
> promoting various ideological profiles of the individual's quote freedom
> unquote. These Austrians were well schooled in philosophy and the history
> of
> ideas. So this isn't just arcane academic bullshit.
>
> Checking the wiki on Hayek, notice this:
>
> ``Charles Koch invited Hayek to serve as the Institute for Humane Studies
> -
> then based in Menlo Park, California - "distinguished senior scholar" in
> preparation for its first conference on Austrian economics, to be held in
> June 1974. Hayek initially declined the offer, but accepted the position
> after Koch convinced him that he would receive Social Security and
> Medicare
> benefits.[38]''
>
> http://en.wikipedia.org/wiki/Friedrich_Hayek#cite_note-37
>
> The importance is the contact and the implicit ideological-political
> implications of applying Hayek's ideology to foundational changes in the
> US
> economic system, including expansion into energy and finance. If you can
> kill regulation in these sectors, you pretty much own the rest of the US
> system.
>
> Click on the link to The Nation article (footnote 38) to read the
> background
> of Kock doing a hard sell on SS to Hayek. Hayek's worry was if he moved to
> the US for a temporary appointment, he would lose access to his national
> Austrian healthcare. The idea of Kock as healthcare benefits counselor
> will
> keep me laughing most of the day.
>
> CG
>
>
>
>
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>



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