4 votes

Michele Bachmann reads von Mises on the beach

...

Ms. Bachmann is best known for her conservative activism on issues like abortion, but what I want to talk about today is economics. When I ask who she reads on the subject, she responds that she admires the late Milton Friedman as well as Thomas Sowell and Walter Williams. "I'm also an Art Laffer fiend—we're very close," she adds. "And [Ludwig] von Mises. I love von Mises," getting excited and rattling off some of his classics like "Human Action" and "Bureaucracy." "When I go on vacation and I lay on the beach, I bring von Mises."

http://online.wsj.com/article/SB1000142405270230425930457637...



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Even the Devil can quote

Even the Devil can quote scripture.

Ventura 2012

Not sure I'm willing to go

Not sure I'm willing to go quite that far.

Bachmann and the Ron Paul

Didn't know about this video. Lets not close our hearts and minds just yet. We need allies in this fight.

http://barelyablog.com/?p=14749

never thought a ron paul

never thought a ron paul video would be voted down...

That was nice.

We will never be able to trust a flip-flopper in this age....

That said, I agree with and support some of Bachmann's policies.

Just as long as we agree to never trust "politicians" like this we'll be fine. Any politician is paid a lot, sometimes against their interests, to represent the highest bidder.

We keep Bachmann's feet to the fire --- Period!

And continue to build the momentum. Just like anything else, politicians will never hesitate to stab you in the back like Rand Paul says. It's our job, to make sure they do not.

I totally agree. Of course

I totally agree. Of course there are some positions that Ron and her don't agree with. BUT they are smart enough to keep working together on the things that they do agree with.

Yeah, Bachmann

is still hung up on loving global mass murder and Nazi police state Gestapo.
Just "little things" like that.

Bachman at the beach

Sure. There she is in her bikini and false eye lashes with Von Mises in one hand and 28 KIDS IN ANOTHER! Right. That is my laugh for the night.

Healthnut4freedom

The lip of truth shall be established forever: but a lying tongue is but for a moment...Lying lips are abomination to the LORD: but they that deal truly are His delight. Prov 12:19,22

Was Laffer not a Supply Siding Keynesian?

perhaps my memory is cloudy, it has been a while since the Reagan administration. (and I was only a mere pup at the time)

If my memory serves correct though, that would make Mrs. Bachmann the diametric opposite of what we need - which is someone who is more in line with Mises than Keynes.

Regardless, she is but a lip sync queen. Ron Paul has been preaching this sermon since the Nixon years. And he practices what he preaches. I've yet to see her adhere to her own rhetoric.

Besides, I'd much rather watch Dorian Ellectra opine for Frederich Hayek than watch Bachmann read Mises on the beach.

http://www.youtube.com/watch?v=psosLpDALuA

Dorian Ellectra opines for you & students of sound money too!

What a delightful song in tribute to Fredrich Hayak. "... you've been working hard. You must be weary." Dorian Ellectra opines for Frederich Hayek (& Sam Adams sorts) @ 2 minute mark.

Misses B. is quite confused & confusing. Doubtful she reads economics authors she brags about.

SamAdamsCW You are correct.

Arthur Betz Laffer, born 1940, is an American economist who first gained prominence during the Reagan administration as a member of Reagan's Economic Policy Advisory Board (1981–1989). Best known for the Laffer curve, a simple & obvious illustration

  • 0% tax rate = 0 tax revenue
  • somewhere in between = maximum tax revenue
  • 100% tax rate = 0 tax revenue

Maynard Keynes used it to argue tax rates. Laffer like it. Laffer propounds high tax revenue by low tax rates.
Authored many books & newspaper articles, including Supply Side Economics: Financial Decision-Making for the 80s.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Bachmann, von Mises, and the neocons!

Congresswoman Bachmann,

I am impressed how you say that you enjoy reading von Mises "at the beach". You also favorably, even enthusiastically mention a number of other authors, who, whatever their virtues, differ in many important ways from von Mises, both in methodology and in their policy prescriptions.

Right now, I am a supporter of another student of the great economist and philosopher, Dr. Ron Paul, for President of the United States.

To help me distinguish you from Dr. Paul, and like-minded, more genuine Misesians, would you be good enough to please discuss where, along with WHY you DISAGREE with Ludwig von Mises and the "Austrian School" of economics? Certainly there is room for some disagreement in the writings of an author whose career spanned over half a century, and discussed every area of philosophy and the social sciences. It is easy to agree with someone whom you admire; but much more important to hold viewpoints of your own, even if means articulating substantive and focused disagreement with a world renowned scholar and philosopher like Ludwig von Mises!

I'll give you a hint, Ms. Bachmann. Check out his writing about war and militarism!

PEACE AND FREEDOM!!
David K. Meller

PS-Of course there is the possibility that you are merely trolling for votes and campaign contributions, in which case your interest in von Mises, to say nothing of liberty and property, is as completely phony as every other politician! DKM

"The worst thing that can happen to a good cause is not to be attacked successfully, it is to be defended badly". F. Bastiat

"First they ignore you, then they laugh at you, finally they attack you, and then you win"! Mohandas Gandhi

Oh for f..... sakes! Don't fall for it

My ass she reads Von Mises. She is about as Tea Party as John McCain. The only reason she attended Ron Paul's sessions was to learn some talking points to fool people.

I trust her about as much as Bill Clinton.

"In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot."--Mark Twain

I saw Laffer on Youtube

blasting Peter Schiff back in 2005. Schiff was talking about the impending economic fallout and Laffer said Schiff does not know what he is talking about yada yada yada. I have no respect for Laffer anymore. Regarding Bachman, she is a smart cookie, I will give her that. She waited until it was clear Palin would not enter the race and then jumped in. Moreover, she has lifted many of Ron Pauls positions on the issues on purpose I believe. The question should be put to her, what specific parts in Ludwig Von Mises books does she like.

Yeah, sure.

How many people read their school text books at the beach. Give me a break.

I read Mises on the beach.

I read Mises on the beach. But then again, I live in a place with beaches. Bachmann is from Minnesota. Which should tell you all you know about how much time she spends on the beach. Reading Mises.

Actually...

Minnesota has more coastline than any other state in the continental United States. In fact, it has more coastline than California, Hawaii, and Florida combined. (Land of over 10,000 lakes)

Bachmann voted against Bush's bank bailouts.

She might have some icky foreign policy ideas, but at least she understands economics enough to know that Bush's bailout was a bad idea.

Bachman believes in corporate welfare,

her family received over 400 thousand dollars in farm subsidies.

This is one of those things I

This is one of those things I suppose that are abhorrent, but legal. If they didn't take the subsidy they'd be non-competitive as a working farm, so you are damned if you do, or don't.

I agree her people behind her are smart and telling what her

what BS to say. So now she gets to parade around like Ron Paul, without any conviction to back it up. Man she's going to be tough this year.

My ASS she reads Mises. Just

My ASS she reads Mises. Just by calling him "von" Mises shows she doesn't read him. Do you listen to "von" Beethoven? Give me a break.

In that same laughable interview she says she loves Friedman and Art Laffer too. Total contradiction. Laffer is a Chicago school supply-sider who sides more with Keynes than Mises. Bachmann's nothing more than an opportunistic wench who'd sell her soul for power just like the rest of em.

Ron Paul confirms

She attended his weekly study lessons on history of the federal reserve and austrian business theory

Re: Ron Paul confirms

Introducing Ron Paul, Michelle Bachman talks about attending Ron Paul's weekly Liberty Lunch
http://www.youtube.com/watch?v=ACL1bWgBlKY

Ron Paul confirms
http://www.youtube.com/watch?v=YleZcGvr5UQ

Paul, Bachmann

Great vids. I hope they get to the front page. But does anyone have Michele's introduction?

People outside and even inside the Congress are, as RP says, coming his way. Coming to freedom. This video should do nothing less than keep Michele aligned to freedom. Eyes on here will remain on her and ready to oust her if she strays. She can't wander away from this incident. People in her state and district more than anyone will be smart to keep their eyes on her. Make sure she stays the course, the course whose name is Freedom. If she begins to veer, bring up this event and show its recording. If she's contrasting, show her and everyone else she's contrasting. No misstep, Michele. Or is that: No Misstep Michele or Don't Misstep, Michele? lol.

Heeey, though, back to Ron Paul. Everyone loves RP. To those who don't love him are yet to love him because they're sleepin'. As soon as a person wakes up, boom, love at first sight, RP all the way.

Ron Paul for the long haul.

School's fine. Just don't let it get in the way of thinking. -Me

Study nature, not books. -Walton Forest Dutton, MD, in his 1916 book whose subject is origin (therefore what all healing methods involve and count on), simple and powerful.

She should take a look at the

She should take a look at the Broken window parable by Bastiat and figure out war spending does not stimulate the economy and sestroys wealth not creates it. Same thing with stimulous and corporate/private welfare

Commerce with all nations, alliance with none, should be our motto. - T. Jefferson rЭVO˩ution

"Everyone wants to live at the expense of the state. They forget that the state wants to live at the expense of everyone.” - BASTIAT

Great Points!

Great points, Jersey!

School's fine. Just don't let it get in the way of thinking. -Me

Study nature, not books. -Walton Forest Dutton, MD, in his 1916 book whose subject is origin (therefore what all healing methods involve and count on), simple and powerful.

Romney just did a huge favor

Romney just did a huge favor to Bachmann by joking about "being unemployed".

What is this in reference to?

What is this in reference to? Link?

Now that she's an economics expert,

perhaps she can tell us how wasting a trillion dollars a year on worthless foreign wars for Israel is helping us to get out of the depression we're in?

And how an uncontrolled rampaging Police State running wild with their jack-boots all over America's throat is helping the economy?

Of course, since Bachmann is a staunch proponent of unending wars for Israel and a strong police state to crush any American dissent about them, she should be able to answer that easily, right?

Maybe she ought to read Mein

Maybe she ought to read Mein Kampf. Bachmann supports the Patriot Act, and that is right out of the Third Reich.

Bachmann is NO Conservative!