Comments for Too Big to Bail

Comment on English “Defence” League and “Unite” against Facism by Abhi

Abhi — Wed, 14 Oct 2009 13:54:02 +0000

Hello Jasmine,
that would be true, I do sympathise with the views of Hans Hermann Hoppe and Murray Rothbard with regard to thee matters, and in that sense could be characterised an “anarchocapitalist”, though i don’t terribly like the use of that term. Incidentally neither did Gustave de Molinari, the first person to think consistently enough to come up with these ideas.
Thanks for the book recommendations, I will try to get round to reading Rand at some point. At the moment I’m still fully engaged in economics when I’m not doing physics. Could I also recommend you try reading Hans Hoppe’s “Protection and the Market for Security”?
Good to hear from you, and thanks for the comment,
Abhi

Comment on English “Defence” League and “Unite” against Facism by Jasmine

Jasmine — Wed, 14 Oct 2009 02:28:13 +0000

Abhi,
you wrote: ‘I oppose government anyway’ -that would make you an anarchist?
I will say that statement is concerning.
Suggested reading to help clarify and correct some of your premises on the nature and role of government: “Capitalism: The Unknown Ideal” which consists of essays written primarily by the fiction writer & philosopher, Ayn Rand.

Comment on How I became an “Austrian” Economist by lousyd

lousyd — Fri, 09 Oct 2009 20:33:57 +0000

You say yourself, “I am not a student of Economics”, but the title of your post says you are an economist!
I like your writing style. You are very good with your language. I consider myself an Austrian economics… uh… theoretician as well (but not an economist!). I’m always appreciative of clear and correct writing on the nature of economics, and I’m glad I found your blog.

Comment on How I became an “Austrian” Economist by Jasmine

Jasmine — Fri, 09 Oct 2009 19:08:53 +0000

Welcome to the world of Ludwig Von Mises!
I loved your article (happened by chance to read it on Mises.org). As someone who grew up in India before moving to the US, I can relate to some of what you write.
My regret has been that I did not read Human Action a lot earlier in life -but better late than never!
Physics and Economics -now there is a really interesting academic combination! All the best with your academic work.
Jasmine

Comment on How I became an “Austrian” Economist by Abhi

Abhi — Sat, 03 Oct 2009 13:21:09 +0000

Interesting, you refer to Das having a capitalist “ideology.” Do you take the polylogist marxian view that economists like Mises are simply apologists of the bourgeoisie, and hence use a flawed “bourgeois logic” that bears no relevance to the enlightened “proletarian logic?” I actually said explicitly in my article that I do not agree with Das on all matters, so I don’t think you are warranted criticising me for copying his ideology, whatever you mean by the use of that term.
“And dont get me started on Mises’ ideas, they are even more funamentally flawed. ” I’d love to get you started on Mises’ ideas! Would you like to carry on this conversation via email? I’m interested as to what specifc criticisms you have of his Economics and his methodology. We can have more room, and go into more detail in an email exchange.
Also, please don’t take personally my mention of your English. I tend to dislike people who use intellectual authority as a tool of debate rather than the merit of their argument, though I’m sure this may not have been your aim. The bad English combined with this just ticked me off a little.
Wish you well

Comment on How I became an “Austrian” Economist by Dr Money-bags

Dr Money-bags — Fri, 02 Oct 2009 13:30:22 +0000

I’m sorry if my spelling and grammar upset you, and hope you enjoyed my comment nevertheless. English isn’t my native tongue. You’re point about Gauss’ sum is mute. If he reached an incorrect solution and you reached the same solution then it would be fair to assume that you had copied his flawed logic. This may not be the case with Gauss however with your regurgitation of Das’ capatalist idealogies, this appears to be the case.
And dont get me started on Mises’ ideas, they are even more funamentally flawed.

Comment on How I became an “Austrian” Economist by Abhi

Abhi — Mon, 28 Sep 2009 18:34:17 +0000

I’m sorry if what I wrote upset you, and hope you enjoyed the article nevertheless. Despite it being more of a personal article to perhaps explain to readers of the blog my own motivations behind my study of this subject and the reasons I pursue it, please inform me if I made any inaccuracies with any of the theorems I stated.
The opinions stated on this blog are my own, and nobody else’s. I never stated that my opinions were those of Gurcharan Das’, indeed the author has been more of an inspiration and contributed towards me opening my eyes to possibilities I had previously rather naively ignored.
Indeed, even reaching the same conclusions does not show you have merely copied them “from the book”, I can prove to you the sum of a certain geometric series can converge, reaching the same conclusion as Gauss about 200 years ago; it does not mean I have merely expressed someone else’s opinions.
Also, as a note for the future, you may want to check your spelling and grammar when leaving comments, if I perceive you correctly in valuing the intellectual authority you think you attach by calling yourself a professional economist.

Comment on How I became an “Austrian” Economist by Dr Money-bags

Dr Money-bags — Mon, 28 Sep 2009 12:52:32 +0000

As a proffesional economist, it would be a crime if I did not comment on this travisty of an “article”. Your not the first unqualified hack to blindy copy from the outdated “india unbound” so dont feel alone. Just because its in a book does not make it true, please try harder in the future to express your own opinions and not other peoples.
Writing things does not make them true.

Comment on A clarification on the issue of Fed “independence” by thomdd1959

thomdd1959 — Tue, 11 Aug 2009 00:13:28 +0000

The only real financial crisis of the U.S.A. is hiding in the audit of “The Fed Scam”!
Audit “The Fed Scam” bills HR 1207 must pass in The House and S 604 must pass in The Senate immediately! Any Representative or Senator that does not vote in favor of and support these bills or tries to “water-down” or stall these bills is clearly a Traitor and “Sold Out” the United States of America!
“Few men have virtue to withstand the highest bidder.” –George Washington
Does our government think that we are now here to serve them? Are they out of their minds?
Some of our leaders today have acquired a very “twisted” view of their roles. Do we now have those who can no longer handle the power we entrusted them? Why have they abused and taken advantage of us? Do they no longer think they are accountable to us and believe they can do whatever they please? Our “public servants” have developed a “spirit of insubordination” and have gotten way out of control! This has to stop right now! This is ridiculous! If they do not want to listen to and serve us wholeheartedly, we no longer need them! “We need to do a major house cleaning immediately! Enough is Enough!
It’s time for “We the People” of the U. S. A. to get VERY ANGRY!
We need to keep a real close eye on all our government “public servant” employees. Our government was set up to serve U.S. and we no longer want any secrets about our money. We no longer want any misguided governmental arrogance directed at us!
This Is A Very Public Matter!
We demand real transparency, with open books and plenty of civilian watchdog czars. Government czars are an insult to the intelligence of the American people! Many of are entrusted government employees are a total disgrace to U.S. They only care about their own best interests!
The most conniving, low life, manipulators in all of history put “The “Fed Scam” together! Since its inception in 1913, “The Fed Scam” has helped to devalue our dollar by 95%. During the recent economic crisis, it has poured TRILLIONS of dollars into the economy with no oversight, has made secret agreements with foreign banks and governments, and has refused to tell Congress or the American Public who is getting our money. They have the power to print it, but it is not their money! This is our money! They are blood-sucking thieves!
End “The Fed Scam” Now! We must never again allow private banks to create or control our money! Why should we pay interest on our money! We must never again allow our “public servants”, to keep any secrets about our money! Our big mistake was to trust our government. They can not be trusted! History has taught us this, over and over again. We have been warned over and over again. Why do you think we have so many economic problems now?
“Congress can revoke central bank’s charter ‘at any time’” –Ron Paul
http://www.tomdavidd.com/blog/
Anybody who supports “The Fed Scam” is clearly a Traitor to “We the People” of the United States of America!