Human Action Comics by Lilburne

Economics Economics Questions
141

You linked to the wrong one, from your blog. Not the new one. [:)] I think.

http://picasaweb.google.com/Lilburne2/HumanActionComics4OpportunityCostAndTheEntrepreneur#

142

Thanks Conza. It’s fixed now. I’m always so burnt out by the end of composing one that I post the wrong one.

143

In the Human Action Comics main/introductory page, I just added a table organizing the links to all of the issues in all of their formats.

144

Great work.

So how many issues do you think you will have / do? One for each chapter of MES? lol

145

Conza, you should make one in Australian. [:D]

146

Well, in addition to what I’ve already done, I at least have to do one on each of the following topics:

  • Division of Labor and the Law of Association
  • Methodology
  • Price Theory
  • Monetary Theory
  • Economic Calculation
  • Credit Theory
  • Banking
  • Monopoly and Competition
  • Government Intervention
  • The Business Cycle

That would make the series 16 issues long. But this is just off the top of my head, so I’m sure I’m leaving some out.

If anyone can think of any other essential topics that deserve their own issues, that’d be helpful.

147

I have been studying Austrian economics on Mises since early 2008, so I still consider myself a “newbie”. “Human Action Comics” is FANTASTIC. When your project is complete, it should be placed in a prominent location on this website so “students” can get a head-start. The nature of Austrian economics lends itself to visual presentation (i.e., mathematical formulas need not apply).

148

The wertfrei Slip-'N-Slide was awesome, will ride again.

149

You bastard. [:D]

[Y][8o|]

150

I’d like one on the Fed, not the history, but the technical meat and potaoes.

My q’s in particular:

  1. How exactly does the Fed increase the money supply? I’ve read by buying back bonds from banks, but doesnt that mean the banks already gave them money to pay for the bonds, so the Fed is just releasing money that was once out there?

  2. How exactly is lowering interest rates related to increasing the money supply?

  3. How exactly do they decrease the money supply?

151

This seems like more of another series and kind of off topic from Lilburne’s introduction series.

152

@ Chloe: Thank you for your kind words. :slight_smile:

@ E.R.: Glad you enjoyed issue #3. :slight_smile:

@ Conza: What’s with the rage face? :slight_smile:

@ Smiling Dave: filc is correct that such an issue wouldn’t really be apropos to this series, which is really about theory, not history. However, I’m sure I will touch briefly upon the Fed in a business cycle issue that involves money rather than coconuts.

153

Im interested in the theory part, actually. Any thing you put in the effort to write I will appreciate

154

A paper version of this should totally go in the mises store, lol.

155

Here’s a new issue. Sorry for the long delay. This one cover the law of marginal utility, and is a follow up to the issue introducing marginal utility. I had to race through making this one tonight due to time constraints, so there may be mistakes I’ll need to correct later.

156

Slide 3 mistake.

Other than that, great as far as I can see. [:)]

I like it that you’re building on the others, and extending - not just racing ahead to deal with the future issues.

157

Hmm, I’m not spotting the mistake. Could you specify?

Thank you!

Thanks, I want to make sure I’m thorough with the basics before I rush into the analysis of a complex economy.

158

Ok, I guess it wasn’t. The sentence didn’t seem to flow well. (irony?) lol

159

I very much like the last three. (Last time I checked was before they were made)

Way to leave us hanging with Mises at the end of the last one. Jerk.

160

Hello there,

This is my first post on these forums but I’ve been lurking for the past few months. I’ve been gradually immersing myself into Austrian Economics over the past half-year or so, and I find your comics very useful for coming to terms with the basics. It’s important to have something like this because it lures in people who may be put off by the more academic introductions to Austrian Economics. If I may make one suggestion, I’d say that you should try to keep up-to-date with the YouTube version of the comic, as it is more newbie-friendly than the normal version. Personally, I’m interested enough to read the normal comics, but the average passer-by would be more inclined to watch a video on YouTube than read for himself, as there is less effort involved, I think.

Keep up the good work.

Regards