Lysander Spooner on Nostr: MFer did you just throw every Keynesian argument against Austrian economics at me in ...
MFer did you just throw every Keynesian argument against Austrian economics at me in one go?
Where does prosperity excrete from? If you said 'resources' or 'labour' or 'the printing press' or 'a Bitcoin mining rig' you are nowhere near the Austrian model.
Prosperity excretes from the felt improvement in standard of living for all parties to a voluntary transaction.
"I just know that you can't grow an economic system forever on a finite planet" -- what exactly are you going to run out of? Mutually beneficial agreements? Because that's THE ONLY THING that grows an economy on net.
This finite thinking leads to "them immgrants r takin are jarbs", as if there's a limited number of agreements people can make. A job is not a thing, it's not a physical object, nor is a voluntary interaction. You can't run out of them. A job pops into existence the moment you convince anyone on the planet you will earn them more than you cost them.
Where does prosperity excrete from? If you said 'resources' or 'labour' or 'the printing press' or 'a Bitcoin mining rig' you are nowhere near the Austrian model.
Prosperity excretes from the felt improvement in standard of living for all parties to a voluntary transaction.
"I just know that you can't grow an economic system forever on a finite planet" -- what exactly are you going to run out of? Mutually beneficial agreements? Because that's THE ONLY THING that grows an economy on net.
This finite thinking leads to "them immgrants r takin are jarbs", as if there's a limited number of agreements people can make. A job is not a thing, it's not a physical object, nor is a voluntary interaction. You can't run out of them. A job pops into existence the moment you convince anyone on the planet you will earn them more than you cost them.