[GJM] Fwd: 2008 Austrian Scholars Conference

[Rodney Shakespeare]

Robert,
The Austrian school  believes in a 'free market' which,  in practice, 
results in high concentrations of capital ownership.  The Austrians 
essentially think that if gold or similar is used as the curency poverty 
will be eliminated -- which is codswallop.

Binary economics believe in spreading capital ownership and in social and 
economic justice.  The Austrians (as like many other schools) hate binary 
economics  because of its policy to spread ownership and to eliminate social 
and economic justice.

The (Austrian) Timothy Terrell paper on binary economics is substantially 
inaccurate  -- you can read about it in the Productiveness section at 
www.binaryeconomics.net -- and is part of the Austrian hatred of binary 
economics.

Binary economics cannot be accused of being inflationary, nor of not 
promoting markets, nor of not promoting productive  efficiency, nor of not 
addressing social and economic injustice.

Rodney
----- Original Message ----- 
From: "robert searle" <dharao4 at yahoo.co.uk>
To: <discussion at globaljusticemovement.net>
Sent: Tuesday, March 04, 2008 5:53 PM
Subject: [GJM] Fwd: 2008 Austrian Scholars Conference


> Note: forwarded message attached.
>
> Dear All,
>
>    This may be of interest. The Austrian school is a
> great believer in capitalism,and has  no time for any
> kind of price controls...even the electronic
> super-flexible controls of Transfinancial Economics,
> or TFE in research,and development. Furthermore, they
> do not seem to regard Binary Economics with much
> respect either.................
>
>
> Regards,
>
>
>      ___________________________________________________________
> Rise to the challenge for Sport Relief with Yahoo! For Good
>
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