tag:blogger.com,1999:blog-2277215496195926573.post1543096408969823175..comments2024-01-01T07:41:51.347-08:00Comments on RALPHONOMICS: Austrian economics.Ralph Musgravehttp://www.blogger.com/profile/09443857766263185665noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2277215496195926573.post-64260429052822261602011-09-13T21:07:43.978-07:002011-09-13T21:07:43.978-07:00You completely misunderstood the point about heter...You completely misunderstood the point about heterogeneous capital and interest rates. Lower interest rates cause an increased investment in SOME forms of capital and less investment in OTHER forms of capital, and changes RELATIVE prices. THAT is the point of pointing out that capital is heterogeneous, that putting it as a K is NOT useful.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2277215496195926573.post-39393624266162134502011-03-23T17:25:06.772-07:002011-03-23T17:25:06.772-07:00Why do you attack the Austrians as extreme right w...Why do you attack the Austrians as extreme right wing? It really seems like you are attacking them with your own prejudice. It is NOT the government's job to provide for the welfare of the sick and the elderly. So yes, wealth redistribution is wrong. It's forcefully taking money from one group and giving it to another group. Which is why it is wrong. It is up to family and friends and churches to provide for the welfare of the sick and elderly. You are entitled to your opinions, but instead of attacking one group of people with your opinion, do your best to refute their ideas with logic and evidence. By the way, I would love to see your response. Maybe it will start a healthy debate. But I think you are off-base with your criticisms.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2277215496195926573.post-88192431086936612782011-02-07T02:18:13.204-08:002011-02-07T02:18:13.204-08:00Great post Ralph.
I agree entirely that we need t...Great post Ralph.<br /><br />I agree entirely that we need to get away from this ridiculous right wing/left wing nonsense and design a system that works based on scientific evidence.Neil Wilsonhttps://www.blogger.com/profile/18178155357632397049noreply@blogger.com