Dualism and Calculation: What Mises Taught Me about Economics and Capitalism | Robert P. Murphy
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- Опубліковано 21 тра 2024
- Presented at the 2024 Human Action Conference on Saturday, 18 May 2024, at the Mises Institute in Auburn, Alabama.
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Bob is the best 👌
He's very learned but mises was the genius
A joke: What do empirical psychologists say after sex?
'"It was good for you. Was it good for me?"
First they ignore you. Then they make fun of you. Then you fight them. Then you win.
I've only read human action 1.5 times.
Financial profit is only derived from the deliberate and forceful creation of a large working class.
Feudalism is to blame for that, then the capitalist took advantage of that ready made class system.
without that foundational class system capitalism could not exist.
The hierarchies of feudalism and capitalism are pyramid shaped, while every natural hierarchy of competence is a bell curve (IQ bell curve) with few at the top and bottom and the majority in the middle.
Pyramid hierarchies are artificial and integral to capitalism/profit, there has to be a very large base of low paid workers in a capitalist hierarchy in order for profit to be generated.
Financial profit is not possible in a natural (bell curve) hierarchy because there aren't enough people at the bottom to skim labor value from.
Yeah that's exactly what Mises sayed
@@diebratwurst4507 I might have believed you were it not for you saying "sayed"
which isn't an english word.
@Stafus No, they're not artificial. Look up stochastic processes and statistical distributions in nature.
@Stafus You assume that every distribution is a Normal distribution, and that every large population has a Normal distribution. That's not true. In the Jurassic Park novel it's an important plot element.
@@tinyleopard6741 your evidence is a work of fiction ?
WOW