r/austrian_economics:

u/JC_Everyman

Under this simple definition, would problems arise as various initiatives are couched as “defense of the state?” (e.g., interstate highway system)
u/JC_Everyman

You gonna work there, bright boy?
u/JC_Everyman

Seriously, you could sell these rubes the idea of going back to Tudor Monastery economy and they’d go for it.
u/JC_Everyman

Isn’t the neutral rate a calculated construct rather than a tradeable price? I understand the concept as theory, but it’s not where markets would settle transactions.
u/JC_Everyman

Courts most definitely. Contract enforcement, etc.
u/JC_Everyman

I mean no government regulation (or bailouts – actual raw risk). In the case of mortgages i could have said Fannie Mae instead of BS. Just trying to get at what rates would be like with no intervention at all. Higher or lower than current rates? Would there be a market that didn’t involve kneecapping?
u/JC_Everyman

Auto companies cost billions, not millions.
u/JC_Everyman

This is why I hate “pro business” politicians. I’m like, “Why do you hate consumers?”
u/JC_Everyman

Truth, but unique for a US president, given his history with debt.
u/JC_Everyman

Bought Army Edit: Bot Army /s