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Old 06-09-2011, 06:31 PM
 
355 posts, read 209,736 times
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I am just finishing up the book and I can see how Hazlitt was an influence Ron Paul, Lew Rockwell, and many others. I can't believe that I have been studying economics for almost a decade and have just recently come across Hazlitt's works.

The book was written in 1946 and highlights a plethora of economic fallacies that are still being practiced and perpetuated by today's economists. It is a remarkable short and simple theoretical exposition which contains many economic truths.

I would rank it up there with Bastiat's The Law.
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Old 06-09-2011, 06:33 PM
 
13,186 posts, read 14,987,581 times
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Quote:
Originally Posted by I Drink Water View Post
I am just finishing up the book and I can see how Hazlitt was an influence Ron Paul, Lew Rockwell, and many others. I can't believe that I have been studying economics for almost a decade and have just recently come across Hazlitt's works.

The book was written in 1946 and highlights a plethora of economic fallacies that are still being practiced and perpetuated by today's economists. It is a remarkable short and simple theoretical exposition which contains many economic truths.

I would rank it up there with Bastiat's The Law.
I have not but it sounds like a book right winger would love..

Learning the truth about economics in one lesson from the perspective of one ideologue.

Hell, you wouldn't even need a high school degree to become an expert on economics after reading that I'm sure.

Maybe he could explain why the happiest, highest standard of living, least corrupt Nation's in the World do the exact opposite of what Libertarian economists advise?
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Old 06-09-2011, 06:42 PM
 
Location: Texas
5,872 posts, read 8,099,599 times
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Oh, hell. ANOTHER Austrian school economic black hole disciple.

Too funny.
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Old 06-09-2011, 06:43 PM
 
355 posts, read 209,736 times
Reputation: 126
Quote:
Originally Posted by padcrasher View Post
I have not but it sounds like a book right winger would love..

Learning the truth about economics in one lesson from the perspective of one ideologue.

Hell, you wouldn't even need a high school degree to become an expert on economics after reading that I'm sure.

Maybe he could explain why the happiest, highest standard of living, least corrupt Nation's in the World to the exact opposite of what Libertarian economists advise?
So many logical fallacies in one post. Where should I start?

1. Right wingers do not support laissez-faire limited government.
2. It is a brilliant book since it is simple and sound. It will not make you an expert on economics, but it will provide some valuable and challenging insights.
3. Hazlitt has almost been dead for two decades. However, you expect him to come back from the grave and answer you.

I can tell you that more government, more out of control spending, more crony capitalism and political favoritism all while lowering taxes is not a recipe for success. However, some people prefer the status quo.

Additionally, I am not an ideologue. I would probable move to Denmark if it was an easy transition. I even supported a non-subsidized PO over Obamacare.

Do you actually want to add to the conversation or do you just want to spew logical fallacies and deflections in order to digress and pollute the board in which you have no knowledge about the actual topic?
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Old 06-09-2011, 06:46 PM
 
355 posts, read 209,736 times
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Quote:
Originally Posted by txgolfer130 View Post
Oh, hell. ANOTHER Austrian school economic black hole disciple.

Too funny.
Oh hell, another pointless and non-substantiated remark from an Austrian critic.

Too funny.

Come back when you have some substance.
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Old 06-09-2011, 06:47 PM
 
13,186 posts, read 14,987,581 times
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Quote:
Originally Posted by I Drink Water View Post
So many logical fallacies in one post. Where should I start?

1. Right wingers do not support laissez-faire limited government.
2. It is a brilliant book since it is simple and sound. It will not make you an expert on economics, but it will provide some valuable and challenging insights.
3. Hazlitt has almost been dead for two decades. However, you expect him to come back from the grave and answer you.

I can tell you that more government, more out of control spending, more crony capitalism and political favoritism all while lowering taxes is not a recipe for success. However, some people prefer the status quo.

Additionally, I am not an ideologue. I would probable move to Denmark if it was an easy transition. I even supported a non-subsidized PO over Obamacare.

Do you actually want to add to the conversation or do you just want to spew logical fallacies and deflections in order to digress and pollute the board in which you have no knowledge about the actual topic?
Oh you can tell us that "more government" is not a recipe for success?

Well maybe you can explain why the highest standard of living country's governments are in some cases nearly 3X the size of the USA government, size for size, and they are doing just great?

In fact, ALL the countries ranked higher in standard of living than the USA have bigger governments, size for size.

2010 Human Development Index

Norway 0.876 ()
Australia 0.864 ()
Sweden 0.824 ( 6)
Netherlands 0.818 ( 3)
Germany 0.814 ( 5)
Switzerland 0.813 ( 7)
Ireland 0.813 ( 2)
Canada 0.812 ()
Iceland 0.811 ( 8)
Denmark 0.810 ( 9)
Finland 0.806 ( 5)
United States 0.799 ( 8)
Belgium 0.794 ( 5)
France 0.792 ()
Czech Republic 0.790 ( 13)
Austria 0.787 ( 9)
Spain 0.779 ( 3)
Luxembourg 0.775 ( 6)
Slovenia 0.771 ( 10)
Greece 0.768 ( 2)

And BTW the ONLY reason we make the top twenty is due to our abundance of natural resources on a per capita basis..the majority of the other countries use brain power.

Last edited by padcrasher; 06-09-2011 at 06:58 PM..
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Old 06-09-2011, 06:49 PM
 
Location: Houston, Tx
541 posts, read 1,903,207 times
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Quote:
Originally Posted by padcrasher View Post
Oh you can tell us that "more government" is not a recipe for success?

Well maybe you can explain why the highest standard of living country's governments are in some cases 3X the size of the USA government, size for size, and they are doing just great?
Which countries are that?
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Old 06-09-2011, 06:56 PM
 
355 posts, read 209,736 times
Reputation: 126
Which country has a government the three times the size of the US? Heck, our government stretches the entire globe.

Plus, those "bigger and socialistic" countries are also more fiscally responsible, but I don't see you harping on that. Instead, all you cry for is more government. You think that more government will make you happier and that is sad when you derive your happiness from the size of the government.

Perhaps, you have some issues you should look into if your self-worth and happiness is directly tied into the size of our government.
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Old 06-09-2011, 06:58 PM
 
5,915 posts, read 4,816,273 times
Reputation: 1398
Quote:
Originally Posted by padcrasher View Post
I have not but it sounds like a book right winger would love..

Learning the truth about economics in one lesson from the perspective of one ideologue.

Hell, you wouldn't even need a high school degree to become an expert on economics after reading that I'm sure.

Maybe he could explain why the happiest, highest standard of living, least corrupt Nation's in the World do the exact opposite of what Libertarian economists advise?
What economists would you suggest us to read? Karl Marx, Frederick Engels?
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Old 06-09-2011, 07:00 PM
 
13,186 posts, read 14,987,581 times
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Originally Posted by Kirdik View Post
What economists would you suggest us to read? Karl Marx, Frederick Engels?
I'd suggest learning about the arguments of all sides today.

And stop going back to this heterodox economic theories dismissed and discredited Decades ago.
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