The blog of the Australian free-market Prodos Institute offers a series of Austrian economics webcasts by curmudgeonly commentator Gerard Jackson. Topics include
- The Marginal Productivity Theory Debate and Wages
- Examples from History: How Capital Accumulation Creates Jobs
- Labor Market Reform: Can government training programs and public works projects reduce unemployment?
- Labor Market Reform: How Unions and Governments Cause Unemployment
- Labor Market Reform: Can unions protect wages?
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What kind of cognitive dissonance can explain Jackson’s knowledge of austrian economics and classical liberalism on the one hand, and his blind devotion to Bush and the neo-cons
This is a common mindset among most Australian libertarians. They oppose state intervention in the economy, but are perfectly happy for it to bomb other countries (and their economy) into oblivion. I put it down to the fact that Australia is a satellite state of the American empire, and hence even so-called libertarians cannot fathom that we could ever have an independent foreign policy. If anyone dares criticise Bush and Cheney, they are automatically anti-American, according to Australian libertarian thought.
I have just read this garbage from Sukrit. I won’t waste words on Sukrit’s stinking little pile of poo except to say this: I doubt very much Mr. Sukrit has the spine to say that face to face to Mr. Jackson and in front of onlookers.
It is very clever isn’t, wronging Mr. Jackson who happens to be defending genuine classical Liberalism and the genuine free market cause and he is genuine classical Liberal and not libertarian as his work reflects and he is an Austrian school economist of the first cut and not someone with “knowledge” only of it. Secondly Mr. Jackson is a patriotic Australian. I happen to be classical Liberal, a layman in Austrian school economics too.There happens to be much to defended in Australia right now, including fighting off the peril of carbon tax and Jackson has nailed what the impact of carbon tax is and it will be horrific, and the likes of Sukrit in Australia come out with that sort of poisonous load of swill very frequently in Australia, as does Mr. Sukrit’s equal in snide cowardice his little mate John Humphreys.
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