gdp's Comments

Ludwig von Mises Institute : Inside Venice’s Secession Movement - Paolo Bernardini - Mises Daily

Mon, 26 May 2014 20:43:45 +0000

Veneto libaro! Viva San Marco!

Ludwig von Mises Institute : Failure of the \'New Economics\'

Tue, 25 Feb 2014 21:04:39 +0000

You are wrong: Austrian economics IS a science in the same way as logic, mathematics, or geometry are sciences, not in the way that natural sciences (such as physics) are so. Austrian economics starts from self-evident, irrefutable postulates (that humans have purposeful behavior, that there is a variety of resources, that leisure is a good) and then deduces supply and demand, prices, business cycle theory, etc. etc. If the postulates are true (prove otherwise, if you can) and the logical deductions are sound (again, try to disprove, if you can), then the whole theory is true. It would be absurd to try to design an experiment to prove Austrian economics as it would be absurd to try do design an experiment to prove that the area of a circle is pi r^2.

Ludwig von Mises Institute : The FDA: A Pain From the Neck to the Big Toe - Mark Thornton - Mises Daily

Thu, 24 Oct 2013 18:03:08 +0000

It's possible for sure. Just be careful how much you take it . It is, after all, a toxic alkaloid.

Ludwig von Mises Institute : The Essence of Society is Peacemaking - Llewellyn H. Rockwell Jr. - Mises Daily

Sat, 4 May 2013 00:06:21 +0000

Isn't there supposed to be a link where it reads in blue even in the celebrated case of World War II ?

Ludwig von Mises Institute : Capitalist Contortions: How Amazon Survives the State - Mike Reid - Mises Daily

Mon, 2 Jul 2012 17:35:13 +0000

I'll be looking to alternative to Amazon too. Isn't the owner of http://www.overstock.com/ of libertarian leanings?

Ludwig von Mises Institute : The Problems of Inflation - Mises Media

Thu, 19 Apr 2012 01:14:08 +0000

Is it Murray Rothbard who introduces Mises?

Ludwig von Mises Institute : Contra Bernanke on the Gold Standard - Frank Shostak - Mises Daily

Thu, 12 Apr 2012 23:01:31 +0000

Rejecting fractional reserve banking does not imply rejecting bank loans. In a 100% gold standard, banks would lend out of time deposits (like certificates of deposit) that would pay interest, but not out of demand deposits. All your other remarks are therefore unsubstantiated.

Ludwig von Mises Institute : Contra Bernanke on the Gold Standard - Frank Shostak - Mises Daily

Wed, 11 Apr 2012 18:36:28 +0000

There is gold standard and gold standard. What you want is 100% gold dollar and no fractional reserve banking, so that banks cannot create dollars as in inverse pyramid over their gold reserves, like they did in the old gold standard, which caused business cycles of booms and busts like today. So 1 dollar would be equivalent to a certain weight of gold and no dollar can be created without 100% backing in gold.

Ludwig von Mises Institute : Finding the Birthplace of Ludwig von Mises - Mykola Bunyk - Mises Daily

Fri, 2 Sep 2011 03:37:48 +0000

The Ludwig Von Mises Institute calendar says that he was born in Vienna. I guess the designers didn't do their homework.