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- The government wants to check my cat
- March report "How Revolutions, Wars and Plagues are Harbingers of 'Great Changes' in Societies and in Economics" published. http://bit.ly/2y4LJZQ
- Ep. 279: My Take On Joe Rogan Redo: http://bit.ly/2xkmtxP via @YouTube
- Crushing Myths and Building a New Case for Gold: Gold Videocast with Albert K Luhttp://bit.ly/1PWtbdw @SchiffGold
- The relationship between gold and interest rates is not what conventional wisdom would have you believe. http://bit.ly/2yF3ltL http://bit.ly/2ARZcJ1
- What do you think that Greece should do?
- Politicians are basically tone-deaf. http://bit.ly/2xzueim
- Consumers are voters. They’re voting for Trump & Sanders because they’re not confident in the economy https://t.co/VofjaZxuc1 @SchiffGold
- Sanford Ikeda,“The Misesian Paradox: Interventionism Is Not Sustainable” (March 2016)
- @roysebag Can't today. I'm doing CNCB at 5PM talking about gold --You should watch. Then I have dinner plans. It's my birthday.
Sunday, April 24, 2016
Monkey's Paw Economics --- steal this book title
I was [thinking](http://ift.tt/1SmfqL3) about Mises's values-free approach to policy and economic-advocacy, ie: suitability analysis, which he undertook so successfully in Austria as a policy analyst in his various capacities, and there occurred to me a good popular-analogy to explain this approach. Suitability analysis of Austrian economics shows the disconnect between means and ends, and is very similar to the popular trope of the [Monkey's Paw](http://ift.tt/1SmfqL5), or another way to put it is [Be Careful What You Wish For](http://ift.tt/1AOGqXu). It is through suitability analysis that we can show two things, both how and why the means of the mainstream cannot achieve their policy ends, and secondarily what ends a policy is in fact likely to achieve and thus often make the very problem worse that was aimed at being improved or solved. I think with this analogy we have a good hook into the mind and interest of the average reader, and this theme could be developed strongly for a popular audience with the kinds of examples that Austrian economists have long developed over the years. But, as I am not credentialed and otherwise busy, I hope one of you will be inspired by this and take it up. Cheers :)