Austrian policies at a state level (Texas)

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Williamloveseconomics Posted: Sun, May 20 2012 2:01 AM

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Okay so i had this coversation with a friend online and they said that Texas has been one of the most pro Austrian econ  like states compared to other. Here is their quote 

"what I said was that Texas has applied austrain type economics more than any other state, That does not mean that every state has tried it or even part of it. Just means Texas has subscribed to austrian economics as a base for policies more than other states that have had legislators that are austrian fans. Most of the states that have the largest increases in new private biz the last three years are the opposite of austrian in most of their policies"

Now i know i shouldn't ask other to do my research for me, but does anyone have sources to help counter this. Specially regarding Texas.

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John James replied on Sun, May 20 2012 2:20 AM

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So you've got a friend who makes a claim...and you're asking us to provide you resources to help prove his claim wrong?

Why don't you just ask him to actually support his claim?

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Williamloveseconomics replied on Sun, May 20 2012 8:21 AM

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I don't understand what you mean by want him to support his claim. If you don't have anything to offer that's fine. I personally have a few things to mention and links to back up how Texas isn't even the state that be closest to an Austrian approach.

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John James replied on Sun, May 20 2012 8:47 AM

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I don't know what you mean by "want him to support his claim".  I didn't say that.  I said why don't you just ask him to actually support his claim?

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Williamloveseconomics replied on Sun, May 20 2012 8:57 AM

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Sorry, but i still don't understand what you mean, and the point in asking that? Maybe its just over my head and im overthinking the question.

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John James replied on Sun, May 20 2012 9:28 AM

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http://en.wikipedia.org/wiki/Philosophic_burden_of_proof

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ThatOldGuy replied on Sun, May 20 2012 9:37 AM

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Your friend hasn't made an argument. He's only made an assertion. You can counter his claim by merely saying, "No it isn't" and not contribute anything less to the conversation than he has. This is because he's offered no support for his claim. An actual argument would be something like "Texas has applied Austrian economics given policies X, Y, and Z." Now you can offer an counter-argument because he's actually made an argument. So a valid response to the comment you posted would be something along the lines of "Proof?"

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Williamloveseconomics replied on Sun, May 20 2012 9:40 AM

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LOL i wasn't even thinking along those line. Thanks guys. I guess i just felt the need to automatically counter with my proof that he is wrong. 

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John James replied on Sun, May 20 2012 9:46 AM

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Williamloveseconomics:

I guess i just felt the need to automatically counter with my proof that he is wrong.

How do you even know he's wrong?

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Williamloveseconomics replied on Sun, May 20 2012 10:59 AM

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Because Texas compared to Utah or NH, has done nothing at allowing currency competition.  Texas isn't even ranked that well in economic freedom http://mercatus.org/freedom-in-the-50-states/TX compared to other states. Hell dallas has a Federal reserve building there. The only areas i can see he might have a point is the Tx and NV are the only states (some areas in NH) that respect allodial title, has no state income tax, and Rick Perry mentioning secession (unlikely).

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John James replied on Sun, May 20 2012 11:25 AM

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Williamloveseconomics:

Because Texas compared to Utah or NH, has done nothing at allowing currency competition.

Maybe I'm wrong on this, but I'm pretty sure there are other things that could be considered "austrain type economics" policy concerns.

Texas isn't even ranked that well in economic freedom http://mercatus.org/freedom-in-the-50-states/TX compared to other states

I'm not a big fan of rankings like that.  Certainly not just accepting them blindly.  Don't forget Santorum pointed to a ranking of Congressman than gave Ron Paul a 50% score on gun rights...and another one that gave Ron Paul something similar on pro-life. 

I'd have to see details on their methodology. 

Either way, I'd consider 15th out 50 pretty darn good.

Hell dallas has a Federal reserve building there.

What's that got to do with anything?