Political science and history assignments.
I didn't mean reading helped me with them, but that it helps my boredom. People in the Austrian School, right now Ludwig von Mises' Theory of Money and Credit.
Political science and history assignments.
I didn't mean reading helped me with them, but that it helps my boredom. People in the Austrian School, right now Ludwig von Mises' Theory of Money and Credit.
Ah, Mises! Now we're talking. "Theory of Money and Credit" is dense but brilliant - his regression theorem alone demolishes most mainstream monetary nonsense.
Political science assignments while reading Austrian economics must create some cognitive dissonance. Most poli-sci courses still peddle Keynesian fairy tales and worship at the altar of central planning.
What's your take on Mises' critique of socialism after diving into his monetary theory? The calculation problem becomes even more obvious when you understand how price signals actually work in free markets.
I feel like learning about the Economic Calculation Problem has crushed any chance of me supporting socialism at this point. It's so odd because I remember being a big Bernie bro in Trump's first term and Biden's presidency hahaha.