Taco John
01-06-2008, 05:46 AM
I wanted to relay a book reccommendation to all the Paul supporters here. As we know, Dr. Paul is an Austrian Economist. As a libertarian, I've always been open to the Austrian school of thought, as my very rudimentary understanding of it was that it was a libertarian way of looking at the markets.
Well, I've read the first chapter, and already my mind is being blown and getting re-arranged in the proper order. I can practically feel the snyapses firing and the new connections being made as I stop to consider the world in the light of what I just read. That's just the first chapter.
Don't let the title throw you off... It's not as boring as it sounds... The book is called "Economics for Real People: an Introduction to the Austrian School." As an introduction to the Austrian School, it talks about economics in terms of "human action," and works to put this overlooked aspect of economics under the microscope. Basically, it looks at economics from the base position of motivation - and then it spirals out from there. And rather than looking at economics from the perspective of dollars and sense, it looks at it from the subjective terms of value - which vary from person to person.
The reason that this is important to understand is that this is the core of Dr. Paul's politics. And not just monetary politics. What I'm starting to appreciate is just how deeply Dr. Paul considers every move that he makes, particularly in terms of cause and effect. It's given me a completely new perspective on why Dr. Paul and his campaign does things in a particular way.
In any case, here is where you can find the book. I am looking forward to getting in deeper here. Just the initial chapter has me fascinated, as it's given me a lot of food for thought as I re-examine politics and the world around me with a sharper lense.
http://www.mises.org/store/Economics-for-Real-People-An-Introduction-to-the-Austrian-School-2nd-edition-P116C9.aspx
Well, I've read the first chapter, and already my mind is being blown and getting re-arranged in the proper order. I can practically feel the snyapses firing and the new connections being made as I stop to consider the world in the light of what I just read. That's just the first chapter.
Don't let the title throw you off... It's not as boring as it sounds... The book is called "Economics for Real People: an Introduction to the Austrian School." As an introduction to the Austrian School, it talks about economics in terms of "human action," and works to put this overlooked aspect of economics under the microscope. Basically, it looks at economics from the base position of motivation - and then it spirals out from there. And rather than looking at economics from the perspective of dollars and sense, it looks at it from the subjective terms of value - which vary from person to person.
The reason that this is important to understand is that this is the core of Dr. Paul's politics. And not just monetary politics. What I'm starting to appreciate is just how deeply Dr. Paul considers every move that he makes, particularly in terms of cause and effect. It's given me a completely new perspective on why Dr. Paul and his campaign does things in a particular way.
In any case, here is where you can find the book. I am looking forward to getting in deeper here. Just the initial chapter has me fascinated, as it's given me a lot of food for thought as I re-examine politics and the world around me with a sharper lense.
http://www.mises.org/store/Economics-for-Real-People-An-Introduction-to-the-Austrian-School-2nd-edition-P116C9.aspx