Tuesday, January 17, 2012
miraclesawake:

Mises meme
Mises, of the Austrian economic school, is Ron Paul’s big influence. Basically, Mises believed that the consumer knew enough to know how much to pay and didn’t need an EPA, consumer protection, or other safety nets. However, he thought socialism and liberalism would always fail because plans for the future cannot include complete price information - only the free market can. Here is my answer to Mises, my Mises meme :)

miraclesawake:

Mises meme

Mises, of the Austrian economic school, is Ron Paul’s big influence. Basically, Mises believed that the consumer knew enough to know how much to pay and didn’t need an EPA, consumer protection, or other safety nets. However, he thought socialism and liberalism would always fail because plans for the future cannot include complete price information - only the free market can. Here is my answer to Mises, my Mises meme :)

Notes

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  3. lalibertarienne reblogged this from justinu84 and added:
    OMG, how dare Mises believed that people were smart enough to pursue their self-interest without the help of Big...
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  16. ataxiwardance reblogged this from continuum and added:
    Nexxxxxxxxxt level.