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It's looking increasingly as though former two-term New Mexico Gov. Gary Johnson is going to be throwing his hat into the ring for the 2012 presidential race. He's not a clone of Ron Paul, but he's someone libertarians ought to consider getting behind. Check it out: http://www.JohnsonForAmerica.com
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Looks like there's going to be some news coming from the Johnson camp this coming week . My prediction: he forms a PAC and/or releases some political issues book in preparation for a 2012 run. He was a startlingly libertarian governor during his two terms, but apparently he's become quite the student of Austrian economics since being out of
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A couple of 'em are grinnin' kinda.
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[quote user="liberty student"] So.... ask them what they mean by rational. If they try to argue that some actions are less rational than others, then you can ask them if that is the case whenever two people express different preferences. [/quote] I have asked them. But the most lucid answer I've gotten is that "people don't act
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[quote user="Knight_of_BAAWA"] They mean that people always make the correct decision---no errors in reasoning. Never make mistakes. IOW: they assume that rational economic actor = infallible. [/quote] Right... That's basically the idea I get when debating with them. But when I respond to their argument on the assumption that that is what
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Welcome! Are you asking if checking out Human Action from a public library will destroy the space-time continuum?
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A lot of times when I'm debating anticapitalists, I come across this assertion that my free market theories "assume that people are economically rational, when they're not." When I probe them on what they mean by this statement, I can never seem to make heads nor tails of what they're getting at. Is anyone familiar with this argument
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Thanks for the wisdom, everyone. Looks like I'll most likely pay off that last chunk of debt first, and then start building up some savings in gold and silver. I already snagged a Mises silver coin, but I think when I start building up my savings, I'm going to stick mostly to bullion.
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I know this question is only loosely related to economic theory per se, but I trust y'alls judgment. :) Back when I was in college, before I learned about Austrian economics and all that good stuff, I ran up huge amounts of debt. At one point, I had around $12,000 of debt. Since coming to my economic senses in late 2007, I have put myself on a strict
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[quote user="Mangix"] by all means... [/quote] Are you speaking for the Mises Institute here? Just want to be sure I don't get myself involved in any legal trouble. I know the Mises Institute is pretty much all anti-intellectual property these days, but I just want to make sure there's no other stipulations I have to follow.