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The Austrian School of Economics

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  • 18-12-2006 2:59pm
    #1
    silverharp
    Registered Users Posts: 17,848 ✭✭✭✭


    Has anyone who studied economics ever come across this, as far as I can summerise it's a school of thought that says that money should be backed by gold, and would put alot of the economic problems of the world down to inflation/excessive money creation and I guess is the polar opposite of Kenyes. I must say I agree with the the idea that the unit of measure should not be debased over time which must have consequenses in the long run

    A belief in gender identity involves a level of faith as there is nothing tangible to prove its existence which, as something divorced from the physical body, is similar to the idea of a soul. - Colette Colfer



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    #2
    Right_Side
    Closed Accounts Posts: 290 ✭✭Right_Side


    Get real.


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    #3
    europerson
    Registered Users Posts: 2,909 ✭✭✭europerson


    silverharp wrote:
    Has anyone who studied economics ever come across this,
    Most people who study economics surely come across this at some stage.
    as far as I can summerise it's a school of thought that says that money should be backed by gold, and would put alot of the economic problems of the world down to inflation/excessive money creation and I guess is the polar opposite of Kenyes. I must say I agree with the the idea that the unit of measure should not be debased over time which must have consequenses in the long run
    Well, that's your opinion...


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    #4
    The_Minister
    Registered Users Posts: 10,255 ✭✭✭✭The_Minister


    Right_Side wrote:
    Get real.
    Now now, play nice.*



    *That's not a suggestion


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