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Originally Posted by FlyWf
Wow, I'm sorry I hurt your feelings. I've already identified that I think it is a problem in this forum that people here treat Rothbardians as if they have reasonable ideas worthy of debate. They can take their **** to the conspiracy thread and talk about how the Fed is keeping their groundbreaking work on the differing time preference of the negroid out of peer reviewed journals.
Yes, and it was I who exposed Hoppe's repugnant views on here and rejected them. There is, not surprisingly, internal debates within libertarianism that don't all lend themselves to your theory that proponents of
actual free markets are Rothbardian's/ racist.
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I'm ambivalent about minimum wage laws, there is some empirical stuff that indicates the micro 101 employment relationship that allows you to call it "evil"(lol!) doesn't actually occur. There may be some more complex negotiating position-related factors at play. I don't know enough to offer an intelligent opinion, in other words. A sentence you rarely see on this forum, of course.
Step 1: Acquire facile understanding. (15 minutes)
Step 2: Brand people who disagree as evil. (5 minutes)
Step 3: High fives! (The remainder of the time)
Why are you so quick to dismiss people who have positions they feel strongly about and articulate them accordingly? I think the minimum-wage is 'evil' and this is an appropriate context for me to call them that. I feel strongly about the negative effects it has on poor people in urban areas... the people you are always so quick to speak on behalf of. In an essay/ different context, I'd avoid that.
Again, the minimum wage seems to be an issue where ones apparent expertise may actually result in convoluted conclusions. If you make a career out of conducting economic studies to test the laws of economics, the temptation would be to reach outlandish conclusions (e.g Card and Krueger). You're more likely to make a career out of disproving laws of economics, then you are in defending them.
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No, I'm saying that it is worth considering the possibility that you aren't smarter than everyone else, and when people who may be smarter than you and who definitely spend more time studying something disagree with you that you need something better than Borodog's Fed/Nobel Committee conspiracy to explain why.
There are non-Austrians who trace the economic crisis to the Feds monetary policy you know? Even Keynesians and socialists. Are you similarly critical of those who passively support the Federal Reserve and by your logic therefore think they are smarter than everyone who opposes the Fed?
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I'm not making any absolute statements, which is something that always troubles you guys. I'm saying it is extremely unlikely that a bunch of random nobodies on the internet have figured out economics to a greater extent than the faculty at MIT or Stanford.
Why was it so many non-experts were the first to figure out a very important error in the official psychiatric position on homosexuality? Would have you been telling us all that our disdain towards the official psychiatric view on homosexuality was arrogant and ignorant and that we should leave it to the experts to influence policy makers?
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The reason why you guys like the flavor of "Austrian" economics promulgated by Mises is because it supports your pre-conceived political views, also because it's very easy to grasp, you can explain the basics in the space of a few pages.
Mises 'Human Action' and Rothbard's 'Man, Economy and State' cannot be easily summarized in the space of a few pages. My 'pre-conceived' political views before discovering Hayek/Friedman/Rand/Mises was a socialist one and as such diametrically opposed to the views I was enlightened towards.