Was meint Ihr dazu..( insbes. dottore )? (vielleicht findet sich ein Ãœbers.)

verfasst von Jagg, 10.11.2001, 19:13

Hier der Text (von Vern):
The founder of the Austrain School, a version of the dominant neoclassical
school, was Carl Menger
at the University of Vienna. You might find his 1971 book, Grundsatze der
Volkwirtschaftslehre, interesting
World War I broke up the group of economists congregated ion Vienna with the
two most prominant members
Hayk and Mises migrating to England and the United States respectively.
Today most economists influenced
by the"Austrians" are in the United States, although their influence has
widened in recent years.

Today they are the most ardent critics of central banking and hence of
Greenspan. They do have solid economic
reasoning on their side. However, as long as man finds appropriaating
other's property easier than producing
it themselves, As Bastiat forcefully predicted over 150 years ago, amn will
not let the"natural laws" of economics,
as correctly articulated by the Austrians, run their course. Because of this
we in the real world have to deal with
what Adam Smith called"Mercantilism."

Now, the laws of mercantilism are not the same as the laws of economics.
Nevertheless, mercantilism, of which Keynesianism
is the modern and most advanced form of this doctrine, is a very
sophisticated justification of mercantilist practice. One way
it is sophicticated is that unlike the original mercantilist writers, who
were well aware that mercantilist gains (profits) were
at the expense of others, where by"others" they meant"other countries,"
Keynesians have done a good job of hiding
the exploitative nature of their policies. In fact, from the point of view
of someone acting in the real world as opposed to
the academic world, the principle advantage of understanding Austrian
economics, or the classical system going back to Adam Smith,
who was the original of the fallacies of mercantilism, fallacies with
respect to good economics not good exploitive practices, is
that it enables one to"see the hidden exploitation" behind the mercantilist
policies. The classic example of this is the parable of Bastiat,
'What Is Seen and What Is Not Seen'. In this story the point is made that
someone trained in good economics can see the harmfull,
but unseen by the untrained effects of what appear good economic policy.

Finally, given that while mercantilism well serves the previledged, it can
get out of hand, as it did in the interwar years in Germany, and
result in great hardship for the masses. It is this fear that induces even
those as simple minded as Alan Greenspan to at times step on
the brakes, e.g.,"irrational exurberance" warning. However, until we are
all"angels" do not expect us to give up
the evils of mercantilism for the"true gospel" according to the Austrians.



<center>

<HR>

</center>

Thread gesperrt

 

gesamter Thread:

• Was meint Ihr dazu..( insbes. dottore )? (vielleicht findet sich ein Ãœbers.) - Jagg, 10.11.2001, 19:13
  • Ein großartiger Aufsatz, der gleichzeitig auch Glanz und Elend der Mises-/Hayek- - Galiani, 10.11.2001, 21:52
  • (vielleicht findet sich ein Ãœbers.), jau, bitte sehr. - SchlauFuchs, 10.11.2001, 21:57
    • @SchlauFuchs: Wie schaffst Du das so schnell? Jedenfalls danke! Gruß G. (owT) - Galiani, 10.11.2001, 22:07
      • Re: @SchlauFuchs: Wie schaffst Du das so schnell? Jedenfalls danke! Gruß G. (owT) - SchlauFuchs, 11.11.2001, 00:46
    • Re: (vielleicht findet sich ein Ãœbers.), jau, bitte sehr. - Jagg, 10.11.2001, 23:39
  • das kann man so nicht stehen lassen - Ricardo, 11.11.2001, 03:07
    • Re: das kann man so nicht stehen lassen - Danke Ricardo! - Galiani, 11.11.2001, 14:20
      • Das war eine email von Vern an mich - mehr hier http://www.aros.net/~vlyon/ (owT) - Jagg, 11.11.2001, 19:58
        • Danke Jagg: Hat mich nur ganz allgemein interessiert. Gruß G. (owT) - Galiani, 11.11.2001, 20:23