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While again this is straining the boundaries of my economic knowledge (which is admittedly very limited), it doesn't follow that the inability to scientifically predict interest rates would lead to malinvestment. It seems to me that the Austrian theory implies an irrationality on the part of the...

Interesting. I guess the moral question is between the liberty of the individual in acting on their beliefs and the desire for the Australian state to prevent such actions from being beyond their jurisdiction simply because of distance (assuming that such acts are also illegal in Australia)...

(This is also a response to your previous post vol) Firstly the Austrian school is only one subset of greater economic theory (obviously) and while it is harder to conclusively prove or disprove than other branches because it does not rely on mathematics, it is not without its deficiencies...

Just quickly, wouldn't such a policy create economic bubbles and overinflation? Interest rates in the US were exceptionally low for many years (and continue to remain so) and this led to excess borrowing and that much-condemned housing bubble. I'm no expert on these matters, but it would appear...

Re: Israel & Palestine Well, technically, the Jews did occupy Israel before the Romans diaspora'ed their asses out of there and more importantly before the Arabs, if you want to argue on a 'first come, first served' basis. However this logic is not particularly relevant to the situation at...

Ah yes. I stand corrected.

Not for another 40 or so years I think.

For god's sake get the fuck off these forums, I am sick of even reading your posts.

Boy, 5, kills alligator 20 times his size I'll go on the record to say that I think this is the most hardass kid I've ever seen. Southern hicks ftw!

2008 Mazda 3 2.0L manual I think my best in city driving is 8.5L/100km

thanks for the rep :)

No way hosay am I trusting some sadistic creep who treats human lives like pawns on a chessboard. Hitler too had an all-encompassing plan and encouraging the populace to blindly follow his credos did not do anyone any good. btw I do not mean to suggest that God = Hitler but simply that...

Cheers for the rep :)

No. Read the post again. If some value is regarded as being culturally outmoded, then offending law should be repealed. But while culture can influence law in this way, all I was saying was that law can also influence culture. Not that it necessarily should or shouldn't. No connotations involved...

Laws reflect the prevailing culture of the time but also influence the mindsets of proceeding generations. Basically the law enshrines certain cultural values that have developed over time. If such laws were to be repealed, the prevailing national culture may then begin to readjust. Who is to...

Yes of course the profit motive plays a role in business ownership, but it is not the sole motivator of business activity. It's not as though people are motivated only by money or only by an irrational hatred of certain ethnicities. They could be motivated by both. This is patently the case as...

Ah yes, because you have some sacred claim to whatever it is that you hold to be your property. Tell me, who exactly is it that recognises property rights in this country? Uh, the government......... And stop with the 'economic man' rubbish. People aren't necessarily rationally motivated by...

Thanks for the rep MG :)

Then again people like you might just lead us into a religiously-motivated armageddon. Iron, the Four Horsemen are amongst us!

Cheers :)