On Sun, 18 Mar 2012 15:04:22 -0500, jim "sjedgingN0Sp"@m@mwt,net
wrote:

Jim, your snipping and clipping has led you to such a dishonest
discussion that I'm going to leave you to your regular arguers. It
isn't possible to have an honest discussion with you.

For the record, here's the quality of maturity and scholarship that
you've posted as "evidence," from the Google engineer turned ersatz
economist:

"In his widely used text book Economics, Samuelson declares with
almost childish naïveté that “whenever any conflict arises between
[the Federal Reserve] making a profit and promoting the public
interest, it acts unswervingly in the public interest”67. The
ludicrous notion that an institution granted a monopoly to counterfeit
money could ever act in the public interest does not warrant scrutiny
in an Austrian analysis."

This is the work of a sophomore -- which is where he is, or was, in
hist study of economics at the time.

And as for Ron Paul's predictions being 25 years old, and not
indicative of the current thinking in the Austrian School, the book
was published in 2008. From the preface by Robert P. Murphy,
Adjunct Scholar, Ludwig von Mises Institute, and from the forward,
it's clear that the hard-core Austrians think his ideas are just
swell. Never mind that their predictive value belongs in an outhouse.

--
Ed Huntress