Right Wing Economics

Discussion in 'Economics & Trade' started by Old Trapper, Aug 5, 2017.

  1. Reiver

    Reiver Well-Known Member

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    A neoclassical text treats labour in the exact same way as tubs of lard. Its the same supply and demand analysis after all. But is it necessarily right wing? It certainly imposes a value structure skewed in favour of capitalism. It also steals from the heterodox, but only to try and confirm the orthodox. However, through the 'theory of the second best' the liberal and social democrat does have a powerful argument for efficient interventionism. For right wing, I'd go with the Chicago School and the Austrians. Schools of thought which struggle to distinguish between ideology and economic insight. You see that in full flow with the fanatics that religiously quote from mises.org.
     
  2. james M

    james M Banned

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    Theory of second best?? Let me guess is this another way to justify libcommie intervention in the free-market. Ever heard of east west Germany. It didn’t work. Do you know why freedom works.
     
  3. Longshot

    Longshot Well-Known Member

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    So, it sounds like you're asking for the state to interfere with people's economic decisions. That sounds decidedly anti-economic.
     
  4. james M

    james M Banned

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    yes and libcommies want to intervene on side of labor and thus against customers making a net gain impossible. Why? Its strictly political since labor is organized and will vote for libcommies.
     

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