I've been reading abit from www.perfecteconomy.com (the site could use some revamping so it is easier to read, but I suppose bear with it?), I'm also very new to Mises and the Austrian school. I was wondering what the opinion is of people here regarding the mathematically perfected economy. Right away I understand that the Austrian school rejects the idea of math being used as a model for human action- and the negative view of interest Mike Montagne holds. If anything it looks like an interesting debate.
If you have not seen his site at all, or lately, you may find it interesting that Mr. Mathematically Perfect Economy has repudiated "Austrian economists" objections to his "theory" here: http://perfecteconomy.com/pg-example-austrian-school-rejections-of-mpe.html He further puts the smack down on Austrian Economics here: http://perfecteconomy.com/pg-fatal-flaw-of-austrian-economics-rejection-of-mathematics.html and here: http://perfecteconomy.com/pg-regarding-interest-austrian-school-reverses-liberty-and-right.html
If you have not seen his site at all, or lately, you may find it interesting that Mr. Mathematically Perfect Economy has repudiated "Austrian economists" objections to his "theory" here:
http://perfecteconomy.com/pg-example-austrian-school-rejections-of-mpe.html
He further puts the smack down on Austrian Economics here:
http://perfecteconomy.com/pg-fatal-flaw-of-austrian-economics-rejection-of-mathematics.html
and here:
http://perfecteconomy.com/pg-regarding-interest-austrian-school-reverses-liberty-and-right.html
I think that about settles it, time for mises.org to close up shop, burn all the books.
I will credit him for giving me an afternoon of entertainment out of this.
Yeah, a bunch of cute, colorful assertions. Hilarious. What one would expect from mathematical "economists".
-Jon
I cannot be caged. I cannot be controlled. Understand this as you die, ever pathetic, ever fools.
Irenicus' Diaries.
Jon Irenicus:It's frustrating at first because the Austrian view on things tends to be different (and more well-grounded) than mainstream concepts.
I'm way beyond mainstream concepts. My friends think I'm crazy, other objectivists and libertarians think I'm crazy. Even some ancaps think I'm at least a bit off. I've worked out a lot of this on my own, starting from those general schools of thought, with some extras thrown in. So it's no problem getting over the cognitive hump of going against the mainstream, even against several very differen kinds of "mainstream". I've found nothing in Austrian thought so far that is too far off from what I'm bringing to it, but I like the more solid grounding, and finding some angles I hadn't gotten around to deducing myself.
The state won't go away once enough people want the state to go away, the state will effectively disappear once enough people no longer care that much whether it stays or goes. We don't need a revolution, we need millions of them.
Anonymous Coward: My favorite is to point out the Economic Calculation Problem when dealing with programmers because it just rankles them that there exists a problem that can't be solved no matter how many CPU cycles are dedicated to the problem. The very idea that something is 'impossible' is just so foreign to them.
My favorite is to point out the Economic Calculation Problem when dealing with programmers because it just rankles them that there exists a problem that can't be solved no matter how many CPU cycles are dedicated to the problem. The very idea that something is 'impossible' is just so foreign to them.
Weird, because I'd think this would fall under Undecidability.
"Keynesianomics is a Ponzi scheme"
"You are correct in that Capitalism does not help with poverty, but it is only because it eliminates poverty altogether.."
So I just wanted to say that this entire debate was highly illuminating to one such as myself. I have yet to take anything but the most cursory of economics courses. I was hoping that he would continue attempting his debate. Having the mathematical economist resort to invectives was.. surprising. Maybe it shouldn't have been. Go fig that logic ultimately confounds the amateur mathematician. He wasn't even willing to continue the debate. =)
It is not slavery to moral or governmental authority which produced the means of transportation, communication, production, exchange, and all the thousand and one contrivances of civilization.It is the business of Self-Interest.
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