Have these points been refuted? If not, are any of them valid? [image] InfoShop - InfoShop Welcome to InfoShop. A website about political systems such as anarchy, political history and political news. Here you can learn more about different political systems, their benefits and drawba…

I would list the major points of the article as follows: First, the criticism of the idea that a “natural” interest rate would really align “time preferences” (as Hoppe phrases it), since individual companies look not to the general demand for credit along the entire economy, but to demand amongst …

Maybe this will help [image] Capitalism Refuted? Political Theory This is the best treatment of Austrian economics I’ve ever seen. http://www.infoshop.org/faq/secFcon.html http://www.infoshop.org/faq/secCcon.html

That’s part of the plan… baffle you will bull$h1+. It’s really not worth my time, but maybe others. (I’m procrastinating on a group assignment) Anyway: The format is annoying. You click the links, where they state ‘were we previously covered this’ and it’s a fallacy, built on another fallacy and …

And what would their competitors be looking at? Not sure this even makes sense to begin with. Erm, no. They are referring to the pure rate of interest based on TP, unadultarated in the ERE. The natural rate reflects TP but incorporates other elements too, IIRC. When Hoppe speaks of the NRI he mea…

The initial response to Kahn’s point is “Your spending doesn’t increase unemployment - it leads to an outcome of higher unemployment than there would have been had you done otherwise - if the waistcoat isn’t your best use of the money.” There’s nothing in the ABCT that condemns all spending - only s…

The ABCT doesn’t claim that interest rate information is all that is needed, simply that it is a component of the decision-making process. Furthermore, the real important claim of ABCT is that transmitting misleading information through the interest rates leads to misallocation of resources. For th…

Infoshop's Article Critical of the ABCT

Economics Economics Questions

liberty_student May 18, 2009, 10:33am 3

Maybe this will help

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Infoshop's Article Critical of the ABCT

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