Winchester Posted April 3, 2011 Share Posted April 3, 2011 [quote name='Sternhauser' timestamp='1301857307' post='2225667'] She's probably talking about the shiftless, sulky, molotov-chucking, black-clad delinquents calling themselves anarchists, when they're really antinomians/authoritarians of a Socialist mindset. Just punks, who think it's cool to break bank windows and torch cars. The classic example is the photo with a bunch of them wearing black, with black bandanas, carrying "anarchy symbol" flags and anarcho-syndicalist flags, with a big banner that says, "Reclaim Democracy." Yes. They're statists, too. ~Sternhauser [/quote] Okay, this is amesome. Well played. Link to comment Share on other sites More sharing options...
Laudate_Dominum Posted April 4, 2011 Share Posted April 4, 2011 diss thred is priddy sweet imo. if i wasn't an asinine derpa derp I'd join in on teh convo. Link to comment Share on other sites More sharing options...
ThePenciledOne Posted April 4, 2011 Share Posted April 4, 2011 [quote name='Winchester' timestamp='1301861481' post='2225691'] Okay, this is amesome. Well played. [/quote] Link to comment Share on other sites More sharing options...
Ed Normile Posted April 4, 2011 Share Posted April 4, 2011 (edited) [quote name='Sternhauser' timestamp='1301853794' post='2225658'] He drove a bunch of thieves out of His Father's house, and you say it isn't defensive violence? ~Sternhauser [/quote] Stern, actually I was addressing where you stated "a soul cannot be directly defended by physical violence", which is what Jesus was doing. Are you drinking the pickle juice again? ed Edited April 4, 2011 by Ed Normile Link to comment Share on other sites More sharing options...
MagiDragon Posted April 4, 2011 Share Posted April 4, 2011 I've been away for years, but this makes it look to me like we have some Austrian School Economists on the site, now. Am I correct? If so, who are they? Also, count me in their number. Link to comment Share on other sites More sharing options...
ThePenciledOne Posted April 4, 2011 Share Posted April 4, 2011 [quote name='MagiDragon' timestamp='1301932064' post='2225860'] I've been away for years, but this makes it look to me like we have some Austrian School Economists on the site, now. Am I correct? If so, who are they? Also, count me in their number. [/quote] Wooo! We have another to the fold. Though I don't count myself among the Austrian school, I do count myself one that can think outside of the national market economic box. Welcome back as well! : ) Link to comment Share on other sites More sharing options...
Nihil Obstat Posted April 4, 2011 Share Posted April 4, 2011 [quote name='MagiDragon' timestamp='1301932064' post='2225860'] I've been away for years, but this makes it look to me like we have some Austrian School Economists on the site, now. Am I correct? If so, who are they? Also, count me in their number. [/quote] I'm a 'recent convert', although I'm not around here nearly as much as I used to be. Link to comment Share on other sites More sharing options...
MagiDragon Posted April 4, 2011 Share Posted April 4, 2011 I'm actually a recent convert to Austrianism, myself, (I found the school about a year ago) but I think its economic principles naturally align with Catholicism . . . at least when both are properly understood. I think the Austrian school does a better job of explaining good and evil in economics, government, and charity than anything else I've seen. It also seems to clear the lines between just and unjust war. Interestingly, it seems to show some potential flaws in Thomistic logic regarding the legitimacy of certain authority . . . I'm not sure what I think about that, just yet. I may just have to make a new topic about this when I get a chance . . . Peace, Joe Link to comment Share on other sites More sharing options...
Nihil Obstat Posted April 4, 2011 Share Posted April 4, 2011 (edited) [quote name='MagiDragon' timestamp='1301947706' post='2225919'] I'm actually a recent convert to Austrianism, myself, (I found the school about a year ago) but I think its economic principles naturally align with Catholicism . . . at least when both are properly understood. I think the Austrian school does a better job of explaining good and evil in economics, government, and charity than anything else I've seen. It also seems to clear the lines between just and unjust war. Peace, Joe [/quote] I agree that it is quite compatible with Catholicism, as long as one is willing to go to the mental effort of understanding the difference between a libertarian and a libertine. Out of curiosity, who or what brought you to your understanding of the subject? Also, my name is Joe too. ETA: my real name is Joe. When I blog I'm Irenaeus Saintonge. Edited April 4, 2011 by Nihil Obstat Link to comment Share on other sites More sharing options...
AudreyGrace Posted April 4, 2011 Share Posted April 4, 2011 Going out on a limb and admittedly sounding ignorant here, but, what is the Austrian School / Austrianism? Lately I've been trying to find a political and economic group that best fits me. I was going to register Republican... but then I realized I don't really like the Republican Party all that much lol (Democrats either. I have huge problems with both parties). I could always wikipedia Austrian School, but I don't want to misinterpret anything. Link to comment Share on other sites More sharing options...
MagiDragon Posted April 4, 2011 Share Posted April 4, 2011 [quote name='Nihil Obstat' timestamp='1301948909' post='2225921'] Out of curiosity, who or what brought you to your understanding of the subject? [/quote] It was that stupid youtube video of the Hayek vs. Keynes rap that started me on my course. lol It got me thinking "who is this hayek guy, and why haven't I heard this theory?" I did some research, and the ABCT (Austrian Business Cycle Theory) seemed to explain a lot about our present situation which had never made sense to me before. Then I started looking into the rest of his school of thought, ran into mises.org and started reading their daily articles. They explained the problems with artificially set interest rates, fiat currency, government initiated force, welfare, warfare . . . I'm sure you understand what I mean. It took me a few weeks before I understood what they really meant, but they're quite helpful once you get where they're coming from. Link to comment Share on other sites More sharing options...
Nihil Obstat Posted April 4, 2011 Share Posted April 4, 2011 [quote name='AudreyGrace' timestamp='1301950151' post='2225924'] Going out on a limb and admittedly sounding ignorant here, but, what is the Austrian School / Austrianism? Lately I've been trying to find a political and economic group that best fits me. I was going to register Republican... but then I realized I don't really like the Republican Party all that much lol (Democrats either. I have huge problems with both parties). I could always wikipedia Austrian School, but I don't want to misinterpret anything. [/quote] In a very basic sense it is a school of economic though. Free market. It is definitely much better than both Democrats and Republicans. ^_^ Strictly speaking, Austrianism is economics purely, but many Austrian economists are minarchists or anarcho-capitalists. [quote name='MagiDragon' timestamp='1301951931' post='2225929'] It was that stupid youtube video of the Hayek vs. Keynes rap that started me on my course. lol It got me thinking "who is this hayek guy, and why haven't I heard this theory?" I did some research, and the ABCT (Austrian Business Cycle Theory) seemed to explain a lot about our present situation which had never made sense to me before. Then I started looking into the rest of his school of thought, ran into mises.org and started reading their daily articles. They explained the problems with artificially set interest rates, fiat currency, government initiated force, welfare, warfare . . . I'm sure you understand what I mean. It took me a few weeks before I understood what they really meant, but they're quite helpful once you get where they're coming from. [/quote] Ah, that's amesome. For me, Sternhauser here introduced me to the ideas, and after the inevitable initial resistance, I did research on my own via lewrockwell.com, mises.org, and Tom Woods' book The Church and the Market. Link to comment Share on other sites More sharing options...
Sternhauser Posted April 4, 2011 Share Posted April 4, 2011 (edited) [quote name='AudreyGrace' timestamp='1301950151' post='2225924'] Going out on a limb and admittedly sounding ignorant here, but, what is the Austrian School / Austrianism? Lately I've been trying to find a political and economic group that best fits me. I was going to register Republican... but then I realized I don't really like the Republican Party all that much lol (Democrats either. I have huge problems with both parties). I could always wikipedia Austrian School, but I don't want to misinterpret anything. [/quote] Audrey, The Austrian school of economics is founded on the idea that stable money (which is agreed upon by the natural mechanations of the free market) is key to a stable economy. It proposes that private savings are essential to a healthy and growing economy, and that central banks are the cause of the "booms and busts" in economies, through creating inflation and by means of other interventions in the economy. It focuses its studies on economic behavior as rational human behavior. The first major proponents of the theories were Austrians, and so the name stuck. The purest and most refined of Austrian economics is probably encapsulated in the works of Ludwig Von Mises. [url="http://mises.org/etexts/mises/interventionism/contents.asp"]"Interventionism"[/url] is a good short read and a decent primer of the Austrian school of thought. Austrian economists, such as Peter Schiff and Gerald Celente, are the ones who called the collapse of the real estate bubble long before it happened. Peter Schiff got laughed at by several Keynesian and Chicago School economists on live T.V. when he was trying to warn people. [media]http://www.youtube.com/watch?v=2I0QN-FYkpw[/media] Just [i]look[/i] at the stocks the "experts" are touting. A hit parade of the companies that got slammed and were bailed out by their State cronies on our dime. Their advice literally could not have been more wrong. ~Sternhauser Edited April 4, 2011 by Sternhauser Link to comment Share on other sites More sharing options...
MagiDragon Posted April 4, 2011 Share Posted April 4, 2011 [quote name='AudreyGrace' timestamp='1301950151' post='2225924'] Going out on a limb and admittedly sounding ignorant here, but, what is the Austrian School / Austrianism? Lately I've been trying to find a political and economic group that best fits me. I was going to register Republican... but then I realized I don't really like the Republican Party all that much lol (Democrats either. I have huge problems with both parties). I could always wikipedia Austrian School, but I don't want to misinterpret anything. [/quote] No, you don't sound ignorant at all to not know about the Austrians. Unfortunately, most Austrian thought was buried by the shear number of Keynesians over the last centuries. The school of thought arguably began in Austria (hence Austrian) but most of the adherents fled the Nazis into the US and Great Britain. To the best of my knowledge, there are no Austrian Economists left in Austria these days. The Austrians crowning achievement is the Austrian Business Cycle Theory. (ABCT) Most business schools, and schools of Economics take the business cycle to be an unexplainable fact of life, and simply expect it to continue. The ABCT explains why it occurs. The theory basically says that the government/federal reserve pulls expected economic activity from the future into the present (via money printing, interest rate manipulation, massaging of data, etc.) This causes the economy to appear to grow faster than it can sustain, this gets people excited, causing a reinforcement loop until eventually people notice that the economy *can't* keep up with what they thought it was doing. This causes the bust. In the midst of the bust, the government decides to 'help out' beginning the process anew. Consequently, members of the school were some of the few people that called the housing collapse before it struck. Another interesting contribution they have made shows that it's impossible for a pure socialist economy to exist unless it mimics pricing in other economies. This is called the "Socialist Calculation Problem." It's very common for Austrians to be either anarchists following the Non-Aggression Principle (NAP: you do not initiate any force against another) or to be a minarchist (government is a necessary evil, and needs to exist solely to do those few things that people can't handle on their own). An interesting test they have is here: [url="http://mises.org/quiz.aspx"]Are you an Austrian?[/url] (Warning, it's kindof long) The first couple times I took it I was Chicago School, but as I've learned more I've become a pure Austrian. Hope that helps, Peace, Joe Link to comment Share on other sites More sharing options...
Nihil Obstat Posted April 4, 2011 Share Posted April 4, 2011 [quote name='Sternhauser' timestamp='1301952898' post='2225948'] [media]http://www.youtube.com/watch?v=2I0QN-FYkpw[/media] Just [i]look[/i] at the stocks the "experts" are touting. A hit parade of the companies that got slammed and were bailed out by their State cronies on our dime. Their advice could literally not have been more wrong. ~Sternhauser [/quote] What a frustrating video. What a guy for sticking to his guns through all that. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now