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Economics


Amppax

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[quote name='Nihil Obstat' timestamp='1306990411' post='2249074']
Yeah, Economics in One Lesson keeps getting mentioned as the greatest starting point for Austrian economics. I've got it in my queue, but you know how it is getting to stuff like that sometimes. :lol:
I feel like I have heard of that book... I can't say that I can remember anything about it at the moment though. What's it about?
[/quote]

It's about free market economics (obvi) but I believe the part that interested me was how it talked about the history of US economics, refuting a lot of myths about the Gilded Age, and some other stuff. It too was a really quick read (100-150 pages i believe).

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Nihil Obstat

[quote name='Amppax' timestamp='1306991793' post='2249079']
It's about free market economics (obvi) but I believe the part that interested me was how it talked about the history of US economics, refuting a lot of myths about the Gilded Age, and some other stuff. It too was a really quick read (100-150 pages i believe).
[/quote]
Sounds intriguing. Who was the author?

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Nihil Obstat

[quote name='thedude' timestamp='1306993948' post='2249089']
Read Thomas Woods :like:
[/quote]
I recommend his books so often that I feel like an old cliche to keep bringing them up. :lol: I think Sean was bugging me a while back about that. :blush:

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Winchester

[url="http://mises.org/books/economics_in_one_lesson_hazlitt.pdf"]Economics in One Lesson PDF[/url]

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[quote name='Nihil Obstat' timestamp='1306993049' post='2249087']
Sounds intriguing. Who was the author?
[/quote]


a bunch of authors


[url="http://mises.org/books/incredible_bread_machine.pdf"]http://mises.org/books/incredible_bread_machine.pdf[/url]

found it online :clap:

Edited by Amppax
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[quote name='Winchester' timestamp='1307017391' post='2249128']
[url="http://mises.org/books/economics_in_one_lesson_hazlitt.pdf"]Economics in One Lesson PDF[/url]
[/quote]

already got it, thanks winchester :like:

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[quote name='Amppax' timestamp='1306381461' post='2246076']
Alright, anyone know anything about economics? I would like to do some informal studying this summer (ya know, cause i don't have anything else to do) and was wondering if any of you more educated types had any recommendations. Preferably stuff i could get on teh interwebz, as i'm not in a book buying situation, and i seem to lose everything i get from the library (yeah i know, its bad). Area's of interest from my very limited knowledge: Distributism, Austrian School, anything Catholic + Economics.... that is about all for now, thanks!!
[/quote]
I [b]highly[/b] recommend checking out the economics and finance sections at the Khan Academy:

[size="5"]http://www.khanacademy.org/[/size]

Free, online videos. I love Sal Khan. He's helped me re-learn math in order to help my daughter with her homework more times than I can count.

Jump to the economics section: http://www.khanacademy.org/#current-economics

I think in the future, Khan Academy "badges" will mean just as much to employers as a degree, haha.

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Nihil Obstat

[quote name='Amppax' timestamp='1307019407' post='2249133']
a bunch of authors


[url="http://mises.org/books/incredible_bread_machine.pdf"]http://mises.org/books/incredible_bread_machine.pdf[/url]

found it online :clap:
[/quote]
Downloaded. ^_^

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[quote name='dUSt' timestamp='1307029534' post='2249179']
I [b]highly[/b] recommend checking out the economics and finance sections at the Khan Academy:

[size="5"][url="http://www.khanacademy.org/"]http://www.khanacademy.org/[/url][/size]

Free, online videos. I love Sal Khan. He's helped me re-learn math in order to help my daughter with her homework more times than I can count.

Jump to the economics section: [url="http://www.khanacademy.org/#current-economics"]http://www.khanacade...rrent-economics[/url]

I think in the future, Khan Academy "badges" will mean just as much to employers as a degree, haha.
[/quote]

Sal Khan is my all-time hero, he's the only reason i passed math, i'll definitely check his stuff out.

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MagiDragon

[quote name='Hasan' timestamp='1306459700' post='2246438']
Fxd 4 da lulz!
[/quote]

Unfortunately 'respected' and 'non-delusional' are not synonymous. Krugman really doesn't have a clue how money works, and without that, it's hard to understand how economics really works without memorizing a lot of 'rules' and 'laws' which are merely there to explain the way that money works [i]under certain conditions.[/i] The guy really does think that we can burn resources (aka 'spend money') until we will eventually all be wealthy. In nominal terms, he's right: we can borrow/spend/print our way into having more money as a nation, the trouble is that it just becomes more bills chasing fewer items which is the Austrian definition of inflation.

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MagiDragon

[quote name='MagiDragon' timestamp='1307035533' post='2249202']
Unfortunately 'respected' and 'non-delusional' are not synonymous. Krugman really doesn't have a clue how money works, and without that, it's hard to understand how economics really works without memorizing a lot of 'rules' and 'laws' which are merely there to explain the way that money works [i]under certain conditions.[/i] The guy really does think that we can burn resources (aka 'spend money') until we will eventually all be wealthy. In nominal terms, he's right: we can borrow/spend/print our way into having more money as a nation, the trouble is that it just becomes more bills chasing fewer items which is the Austrian definition of inflation.
[/quote]

lol, sorry for being so late to the discussion!

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[quote name='MagiDragon' timestamp='1307035604' post='2249203']
lol, sorry for being so late to the discussion!
[/quote]

'sall good :like:

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If anyone else is interested, just went to Thomas Woods' website. He has a whole page devoted to beginner Austrian Econ : [url="http://www.tomwoods.com/learn-austrian-economics/"]http://www.tomwoods.com/learn-austrian-economics/[/url]

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infinitelord1

[quote name='Hasan' timestamp='1306459598' post='2246437']
Who understands economics better than the Russians.
[/quote]


Yeah go Government!

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