Redpill me on the Austrian school of economics. If it's so good, then why isn't it widely adopted?

How so?

fpbp

This.

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think on the banks,goy, who else will make economy (((grow)))?

It’s the only actual system that’s fair/equal.

Governments and companies can’t form monopolies and oligopolies.

Think of it this way....

Even if the military took control and made America great again, they would likely never give up those functions as it likely leads to less funding.

Essentially there is no hope for the future, regardless if the military takes it back anyway.

However, it’s like going to the gym, can you beat the gym? Can you lift all the weight? No, it’s impossible, there’s infinite amounts of weight.

However you can be the most in shape, you can be the strongest relative.

If you take one meal off or faulter in any other way you’re further from your goal.

The pursuit of absolute liberty may indeed be always a step to far, but not pushing further in that direction means you are starting to move backwards

There is no half pregnant in the pursuit of human liberty.

Either you are for it, or against it.

en.wikipedia.org/wiki/Israel_Kirzner

I’d also like to note that in any version of multiverses or spiritual realms/infinite space etc...

That this philosophy also stays consistent and is not hypocritical.

Any economic system that allows for usury isn't economics at all, but a way of stealing from the masses without breaking any laws.

>Governments and companies can’t form monopolies and oligopolies.
Why?

Why is usury stealing?

What if I help a man and he does more labour for me in turn because I didn’t want to do it for him? Is unequal labour usury?

Muslims are retarded, you know anything you finance just gets an extra charged tacked on instead and you in fact lose money because you don’t get the time value of money discount...

FPBP
Take the hoppepill

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Almost impossible if you don’t control the currency and IP rights.

If people demand to get paid in gold/silver/something better, then purchasing power can indeed rise as there’s no artificial inflation/COL rise.

Big companies are slow and monolithic, they would all be Kodiak if they didn’t have the support of the state and IP rights

The real trick is that you've been made to believe usury is something You shouldn't use. Time value of money is real.

Anracho capitalism is the lack of Jewish controls tho... and rothvard was a holohoax guy. Definitely /ourjews

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I just explained how retarded it is...

Like you realize you’re just being charged up front for the finance cost... and you miss the time value discount.

I love doing business with muslims for this reason. Sure I will take your money now.

>hurr cut off the food and water to the population if you want their support

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The issue is that the printers of the money issue it as a loan
Say I issue all currency and print a dollar to loan you. It’s the only dollar in existence. I require ten cents on that dollar when you repay. Where are you to get this currency from but to print more to loan out again. And this is why it’s broken
Can’t print gold and silver

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I wouldn't be rude about it, because it's done as a courtesy or whatever, but you're right it is just like taking a ~3% loss on money that could be invested a better way.

>didn’t read the infographic
We don’t need them. The revolution is mostly spectators. Like (You)

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There is no printers if it’s back by back or another asset that’s more stable and common

Digits confirm I’m an asshole.

I’m not going to lie... at the current point in history with things going on... I think pleasantries can be excused.

Backed by gold.

Here is your redpill

m.youtube.com/watch?v=ITBJ0K-9aas

Oligarchy's collude reducing effeciency and monopoly has no incentive to improve or even deliver stagnantly.

They could but it would obviously change the price of the assets and shift labor efforts to acquiring them.

I suppose that’s more correct...

But ya obviously people aren’t good with that.

If the foundation is rotten it doesn't matter what color the house is.

Because it violates his worldview but he can't form an arguement against it.

Alternatively, who’s they?

I’m assuming we live in an Ancap utopia, or a very minimal state with many competing currencies etc.. based on your risk tolerance.

Gold and silver would be the standard by default and I would guess they are attached to a crypto of some type that are protected by bio signature of yourself somehow.

And reach a natural balance. As it should be. Is this now a /comfy thread

Frens

Off topic fun fact here lads
Pic related is my buddy s reaction to the Charlotte shooting. I’m here just now and had to point out the obvious to him and this is how it went

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Checked

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Hoppe on the Hans-Hermann Hoppe train

>printers of money

I think you mean “counterfeiters”

Based UNLV

I don’t see how he is inadvertently providing support for Communism.

He isn’t and never would

nah man it´s the mokt kiked up shit you can get
It´s spiraling into thinking about money while completly forgetting what the initial goal was, creating the best world for ourselves and our children
You fags forgot about that goal a long time ago and argue on some retarded theory all day liek jews interpreting the torah

>but there are basically zero mainstream Austrians
Same is ture about the other schools. Most well-known modern mainstream economists who are alive right now don't really choose a specific school of thought to follow but, instead focus on specialized ideas and concepts. That being said, there are just as many Austrians around as there are any other popular school.

The best world is one without violence....

Take a second to think about that and start back at the beginning of the arguments here.

The fact I have to tell you that tells me you don’t even understand the arguments.

Please do not pass go, do not collect $200

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> economics
magical thinking and modern day astrology for low iq people who can't still grasp how science works.

I’m not sure he caught it all. It could be cleaned up some the book title kinda misleads the reader if they’re not already /ourguys

Reification taken to the extreme, it is almost a parody of bourgeoisie economics. Material relations between people are perceived as the social relations between things, governed by seemingly eternal laws of nature.

Checked.

How does he plan on doing this without violating NAP?

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It isn't good. It's retarded Rockefeller astroturf.

Gay and non American.

Not to mention there’s nothing to argue and you’re just stating an opinion with nothing behind it.

People are selfish, lazy, and stupid.

>science
magical thinking and modern day astrology for low iq people who can't still grasp how rationality works.

what a load of inane bullshit
when corporations control: the means of production, the means of market (pretty common for the big manufacturers to blackmail resellers into leaving our competitors), means of advertising and mass media - the possibility of any meaningful market competition is nil and void.
without governmental anti trust protection, it would be easy to shut down any small competitor and buy out medium competitors before they pose a threat

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Because its honest conclusion is that you should leave the economy alone and like a river itll find the path of least resistance. No one wants to actually give up control though so we get crypto socialism.

Not even mentioning white nationalism monetarist... savage! haha

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People don't like the conclusions that come from the Austrian school, but the main perk of it is its methods. The methodology differs from mainstream economics because it is completely deductive and focused on logical inquiry, rather than relying on empiricism and all of the epistemological problems that accompany it. All of the conclusions are derived from the fact that humans act in a world where time is scarce and you can't metaphysically be two places at once. Austrians accept that you can never run a controlled social experiment, so all conclusions drawn from measuring "causation" in the social sphere can be attacked quite easily by people from any political angle (see macroeconomics, there is much more overlap between microecon and the austrian school). This is why debates about statistics supporting "muh gun rights" vs. "muh gun control" never get anywhere. People even attack hard sciences that rely on inductive methods where they can get close to a controlled experiment.

Understanding the differences between different types of reasoning and how premises lead to conclusions takes a lot of work, let alone applying it to the world of human action. You also have to read from time to time..

There are good reasons why the Austrian school of thought is stuck in academia and not going anywhere.

>what is bitcoin

Feel free to explain it to us retards please good sir and fellow white

Because power. Lots of cool things happen when nobody has ultimate power over others. But why would those people allow that?

i mean this is a step in the right direction. you can tell the shills are scared as fuck whenever ancap/libertarian/monetarist societies are discussed, those principles that oppose the Fed are the number destroyers of the miscegenation agenda.

Well welll well... I must be right.

Would never get that big to start with....

You’re still in the current paradigm frame of mind.

What are the “means of production” like what the fuck are you actually talking about? Coal? How’s the coal working out for you? Wood? Oil?

Every heard of technological advancement?

Notice I mentioned no IP for a reason...?

Not to mention no insurance company would ever take a liability that large without pseudo-state support.

Look at oil will abandonment and exploration of commons... absolutely wouldn’t be allowed as insurance companies would allow it as it would almost immediately violate the NAP.

Hell in this current paradigm you can’t insure things big/dangerous enough.

Like I said, would even get there to begin with.

You’re not in the ball park of thinking correctly, because you don’t know what you’re talking about.

Fucking saved

They shit bricks over good ancap/lib talk.... see the reply I just got from ((them))

>doesnt ban usury
>doesnt break up monopolies

Austrian school of economics is winning right now, it always does. You can skew it and ruin it for yourself and think you are "progressing" but reality always catches up. Commerce and Trade is what it is, no amount of votes, legislation, or propaganda will EVER make things equal, these "people" will always feel like they are worth more in every system.

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>good reasons
Well we’re waiting
Judge_caddyshack.jpg

*oil well, exploitation

>money lending can’t be privatized
>government doesn’t enforce monopolies
Splain

>Good luck getting someone or an institution to willingly give up power.

I know, let's vote real hard.

This
Keynsianism allows for politicians to say they're helping when they raise taxes and spend it on their friends

The best a normal regular joe blow can do is start businesses that work against the system in a legal and non-violent way.

A start up that promotes decentralization of cities/moving people back to the country.

A business that gives better medical service to rural communities.

There’s thousands of examples....

If nothing else, they will be forced to buy you out and you can take their money to do it again.