Economics

Last night's debate Romney was asked who gives him his economic advice. And guess what - he said: Gregory Mankiw. Now check Gegory Mankiw on Wikipedia:

http://en.wikipedia.org/wiki/N._Gregory_Mankiw

'New Keynesian Economics' He is an author of such classics as:

Every wonder why Cain and Romney are so friendly with each other? You can probably expect mutual endorsements.

http://i6.photobucket.com/albums/y205/MJU1983/cain_on_housin...

Enuf said.

Remember the awesome video from a week ago of the young guy passionately talking about about ending the Fed at OWS?

Well, he's back and talking about Austrian economics, RP, Mises, Murray Rothbard and liberty in this new interview video:

http://www.youtube.com/watch?v=J0cp_DyfiRU

UPDATE: He has a website: http://whataboutliberty.com/ (thanks to IKON for finding this).

UPDATE 2: A video of him and a crowd marching outside the NYC FED building: http://www.youtube.com/watch?v=ZjM3eHc0Nak

Not doing too badly with their finances...

http://www.timesonline.co.uk/tol/comment/faith/article482851...

p.s. this was 3 years ago. I do not know what the status is now. They were in oil and mining stocks as well.

By JESSICA DESVARIEUX
WASHINGTON, Oct. 9, 2011

House Democratic Leader Rep. Nancy Pelosi, D-Calif., said she supports the growing nationwide Occupy Wall Street movement, which began on the streets of downtown New York City in mid-September.

"I support the message to the establishment, whether it's Wall Street or the political establishment and the rest, that change has to happen," said Pelosi in an exclusive interview with ABC News "This Week" anchor Christiane Amanpour. "We cannot continue in a way this is not relevant to their lives."

Hey guys I don't know if you noticed much or at all but, Roseanne Barr is running for PM of Israel and she has an interesting idea, a food standard currency. Honestly, I've played around with the idea in my head a while back and a food standard all ways seemed like it would work well to restructure capital into the hands of every person. but overheat and cause insane inflation as anyone can print money equivalent to the size of their land requiring that there would therefore be no private property rights possible and that long term habitation of a residence also be an impossibility.

Herman Cain has no understanding of economics whatsoever. He said on September 1st in his news letter that we were in an "imaginary recession" and that the economy was great after the housing bubble had already began to burst and we had been in a recession for nine months. After publishing his newsletter with this arrogant nonsense and dogging the Democrats and media for reporting the facts about the recession and housing collapse here's what took place over the following two weeks:

– Fannie Mae and Freddie Mac were taken over by the U.S. government (Sept. 7);

http://www.youtube.com/watch?v=qbvVJOe-JGs&feature=player_em...

Sept. 27 (Bloomberg) -- Join us on Tuesday, October 11th at 7pm ET for the first economic debate of the Republican primary season. Bloomberg Television and The Washington Post, in partnership with WBIN-TV and host Dartmouth College, will present the first debate of the 2012 campaign focused exclusively on the issues voters consider most important - the economy, debt, deficits, taxes, trade and jobs. Moderated by Charlie Rose, The Washington Post political correspondent Karen Tumulty and Bloomberg White House correspondent Julianna Goldman.

http://www.youtube.com/watch?v=2P4-x9H92hc

Anybody who understands austrian economics should really go down to wall street and talk to those college kids because they definitely don't learn austrian economics in college.

Those kids represent the frustration of a generation that is going to inherit the mess that the government and banks have put our country in. They are pissed off, they know who they are mad at, and they sort of know why, but I bet most don't have a real clue how it happened.

re: Chinese slave made imported products.

"THE TARIFF ACT OF 1930. TAKING A STAND AGAINST SLAVE LABOR

INTRODUCTION

LINK:

http://www.youtube.com/watch?v=A8yS_uOoTas&feature=related

follow this link to see how the constitution, if interpretted properly, would inhibit the gov't in such a way that austrian economic principles would allow people to practice designing their own economy with cost-efficiency bringing the market to equilibrium instead of debt creation.

There is an inverted way to see the economy just around the corner, with time this movement will wash away the deceptions bankers portray to us and allow us all to plan for ourselves.

tabula rasa

-Perma

From Forbes

ispersed, cooperative knowledge works in economics as it does in evolutionary biology, to accelerate advancement of the human species. Thus two disciplines are joined in Matt Ridley’s book, The Rational Optimist: How Prosperity Evolves, for which he received the Hayek Prize this evening from the Manhattan Institute for Policy Research.

http://www.forbes.com/sites/timferguson/2011/09/26/science-a...