Economics Questions

Re: Natural Resource Use/Conservation - Austrian Literature Suggestion

Sukrit Sabhlok — Thu, 13 Aug 2009 11:42:56 GMT

Yeh, word up. Let's bring Block's book back! It goes well with this Youtube interview about the book.

Re: Natural Resource Use/Conservation - Austrian Literature Suggestion

Conza88 — Thu, 13 Aug 2009 10:32:00 GMT

Conza88:

Economics and the Environment: A Reconciliation by Walter Block needs to be pdf'd and re-sold at Mises Store, ASAP.

New edition with global warming etc.

Re: Natural Resource Use/Conservation - Austrian Literature Suggestion

Luiz Mario Brotherhood — Sun, 05 Jul 2009 15:35:45 GMT

Daniel:

Here is an outline for the lecture...

Hahahaha. Yeah. Very interesting. I'll think about it. Thanks.

Sukrit Sabhlok:

Where'd you order this book from? I tried getting it but I thought it was out of print?

I bought it used in Amazon. Today they have 2 new ($64.35) and 6 used (from $14.99)

Re: Natural Resource Use/Conservation - Austrian Literature Suggestion

Conza88 — Sat, 04 Jul 2009 03:54:01 GMT

Economics and the Environment: A Reconciliation by Walter Block needs to be pdf'd and re-sold at Mises Store, ASAP.

New edition with global warming etc.

Re: Natural Resource Use/Conservation - Austrian Literature Suggestion

Sukrit Sabhlok — Sat, 04 Jul 2009 03:44:46 GMT

Luiz Mario Brotherhood:

Oh. I also ordered Walter Block's "Economics and the Environment: A Reconciliation".

Where'd you order this book from? I tried getting it but I thought it was out of print?

Re: Natural Resource Use/Conservation - Austrian Literature Suggestion

Daniel — Fri, 03 Jul 2009 05:11:56 GMT

Luiz Mario Brotherhood:

Daniel:

Please, point out to your class that we live in a mercantalism economy, not a free-market capitalist economy. Besides that, I think Professor Walter E. Block has written a lot about this subject.

Sure! It's funny how people say that we live in a "free market", and all flaws are blamed on it.

Here is an outline for the lecture:

Main entry: cap·i·tal·ism
Pronunciation:\ˈka-pə-tə-ˌliz-əm, ˈkap-tə-, British also kə-ˈpi-tə-\
Function:noun
Date:1877
: an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market

Okay, students, where in this (see above) do you see state interference? (pause) nowhere.

Now, does our economic system look anything like this (see below)?

Main Entry:mer·can·til·ism
Pronunciation:\-ˌtē-ˌli-zəm, -ˌtī-, -tə-\
Function:noun
Date:1838
1 : the theory or practice of mercantile pursuits : commercialism
2 : an economic system developing during the decay of feudalism to unify and increase the power and especially the monetary wealth of a nation by a strict governmental regulation of the entire national economy usually through policies designed to secure an accumulation of bullion, a favorable balance of trade, the development of agriculture and manufactures, and the establishment of foreign trading monopolies

Re: Natural Resource Use/Conservation - Austrian Literature Suggestion

Luiz Mario Brotherhood — Fri, 03 Jul 2009 04:02:56 GMT

Sage:

Also check out Part III of his book "Capitalism at Work."

Wow! More, more, more! Hahahaha. (Any more?) Thank you! :)

Sage:

Let me know how your paper turns out. I've also got a resource economics paper I'm working on.

Sure! I'll deliver it by the end of this year.
It will be in portuguese (I'm from Brazil). But I think I'll translate to english, anyway.

Re: Natural Resource Use/Conservation - Austrian Literature Suggestion

Sage — Thu, 02 Jul 2009 21:43:52 GMT

Luiz Mario Brotherhood:
That's it! Very good. Thank you very much!

Also check out Part III of his book "Capitalism at Work."

Let me know how your paper turns out. I've also got a resource economics paper I'm working on.

Re: Natural Resource Use/Conservation - Austrian Literature Suggestion

Luiz Mario Brotherhood — Thu, 02 Jul 2009 21:27:25 GMT

Daniel:

Please, point out to your class that we live in a mercantalism economy, not a free-market capitalist economy. Besides that, I think Professor Walter E. Block has written a lot about this subject.

Sure! It's funny how people say that we live in a "free market", and all flaws are blamed on it.

Sage:

"Resourceship" by Robert Bradley. He puts forward a subjectivist, dynamic, functional theory of mineral resources, as opposed to the objective, static, aggregative neoclassical theory. This is a groundbreaking work.

That's it! Very good. Thank you very much!

Re: Natural Resource Use/Conservation - Austrian Literature Suggestion

Luiz Mario Brotherhood — Thu, 02 Jul 2009 21:19:58 GMT

First, thanks for your answers, everybody. :)

Bogart, I found the "Healing Our World" eBook. I'll check it out. Thanks.

I also already read "Free Market Environmentalism" and lots of things about the tradgedy of the commons.

What I am really loking for (sorry, I think I didn't make it clear in the first place) is something based on the Austrian School's methodology. Rothbard's lecture available in the Media page is the kind of thing that I am looking for -- thanks, ladyattis.

John Brätland's article "Toward a Calculational Theory and Policy of Intergenerational Sustainability" is another good one. He applies the praxeological concepts of human action, calculation, time preference and others to explain the behavior of the resource owner.

Does anyone know any other stuff similar?

Re: Natural Resource Use/Conservation - Austrian Literature Suggestion

Sage — Thu, 02 Jul 2009 21:18:17 GMT

"Resourceship" by Robert Bradley. He puts forward a subjectivist, dynamic, functional theory of mineral resources, as opposed to the objective, static, aggregative neoclassical theory. This is a groundbreaking work.

Re: Natural Resource Use/Conservation - Austrian Literature Suggestion

Daniel — Thu, 02 Jul 2009 21:01:54 GMT

Please, point out to your class that we live in a mercantalism economy, not a free-market capitalist economy. Besides that, I think Professor Walter E. Block has written a lot about this subject.

Re: Natural Resource Use/Conservation - Austrian Literature Suggestion

Solarist — Thu, 02 Jul 2009 20:48:43 GMT

I took a Enviromental Economics class taught by Walter Block. He used "Free Market Environmentalism" by Terry Lee Anderson, Donald Leal as one of the main texts for the class.

I found it to be pretty good, you can read it online here.

http://books.google.com/books?id=roxpZ6wZQsEC&dq=free+market+environmentalism&printsec=frontcover&source=bn&hl=en&ei=YxxNSq_nLZqMtgeRt-ynBA&sa=X&oi=book_result&ct=result&resnum=4

Re: Natural Resource Use/Conservation - Austrian Literature Suggestion

ladyattis — Thu, 02 Jul 2009 20:45:45 GMT

Rothbard's lecture on conservation is also accessible on the Mises Institute Media page. He goes into the nature of how the price mechanism itself enforces a conservation effort without additional legal institutions (EPA and etc).

Re: Natural Resource Use/Conservation - Austrian Literature Suggestion

I. Ryan — Thu, 02 Jul 2009 20:45:18 GMT

Read any thing that mentions the concept of "the tragedy of the commons". That is a (if not the) central issue.