Unortodox economics
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http//www.mises.org/
this site was quite revealing, better said revolutionary to me, at the field of the economics....
it unravels and exposes many popularly believed and accepted axioms as false myths and has many texts where the problems are approached in a manner that is comprehendable to layman....moreover, some of the authors claim that complicated mathematic is often used in the economic science as a mean for justifying and spreading incorect and unjust concepts....
best wishes
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I have never thought that reading into economics could be so interesting?.that it could be so enlighteneening? and more than anything, that the subject might be made so simple?.in the last month i have read several books on the subject and started out a several more?(see the link above ..)all this very well upgraded upon several books that i have read last year?
I am amazed at the patterns that are emerging time and again?The benefits and interests of all the participants of the free market are so harmonically regulated through the iron-made self regulating mechanisms of the free market that are so subtle, so precise, and so wondrously set that i almost dare to call them divine??
On the other hand the State is always involving and intervening into free-market under the most altruistic pretexts but is always causing and producing those very effects and consequences that it has been trying to prevent with its interruption of the free market??. True the competition might look cruel and is not without its vices, howerever the competition is self-correcting and stimulating( and its evils might be corrected based on a voluntary basis) unlike the policy of interventionism and allocation of resources by force which make gross injustice and a great deal of destimulation and destruction of goods and prosperity by trying to help in the wrong way and by the threat of force?
Reading this i was often unable to help myself but thinking of the principles of the wise conduct set in the great reading, as well as of some great morals that i have learnt in my lifetime and have been proven true in the practice.....
Best wishes
Zlatan
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It would be interesting to read an article on the economic system as laid out in 'the reading'.
Salaam,
I have come to the conclusion that to understand the economic system laid out by the reading we need to be able to divorce ourselves from the current state of the world.
Fractional reserve banking, and fiat currency are so enshrined in our lives we don't know other realities. Understanding monetary history and alternatives is a must to identify what fits best.
The mises site is a good educational site which will help free the mind from todays world. It defends sound money over fiat currency and 100% reserve banking over fractional reserve (which borders fraud). With this additional knowledge we'll be better placed to interpret the reading imho.
regards
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unlike the policy of interventionism and allocation of resources by force which make gross injustice and a great deal of destimulation and destruction of goods and prosperity by trying to help in the wrong way and by the threat of force?
Reading this i was often unable to help myself but thinking of the principles of the wise conduct set in the great reading, as well as of some great morals that i have learnt in my lifetime and have been proven true in the practice.....
Best wishes
Zlatan
Salaam,
They try to help themselves and their cronies more to the point. As in Pharaoh and his priests.
I have been reading similar texts, and i am in agreement.
