Modern Pensées

Reconsidering theology, philosophy, culture, economics, and politics

Thoughts on Economics and Investment, Part 1: Prolegomena

with 2 comments

So, the subtitle of this blog says: “Reconsidering theology, philosophy, culture, economics, and politics.” I figured it was time to address some economic matters. We are fast approaching 2010 and so I will write some (very much in-process) thoughts concerning the U.S. economy and globalization, as well as, challenge many entrenched investment maxims.

Initial Caveats

1. I am not an expert in economics, just an interested observer.

2. The content of these posts are not to constitute investment advice.

3. I make no money off of this site, am not paid to write here, and have no form of advertisement here.

4. Despite my leanings towards the Austrian School of Economics (see links below), I am not a libertarian. I am most closely a paleoconservative. I am sympathetic to the libertarians (in an era of silly neo-conservativism) as I feel they are some of the few who stick to any of the classical conservative ideologies.

Stated Goals

My hope is that these posts would:

1. Create substantive dialogue

2. Discuss sound economic principles

3. Insight some forward-thinking analysis

Suggested Initial Reading

Before going forward, I would strongly commend reading some of these summaries of the technical terms, various schools of economics, and notable figures:

Key Ideas to understand: Supply and Demand, Microeconomics, Macroeconomics, Invisible Hand, Globalization, Fiat Money, Central Banking, and Value Theory.

General Schools of Economic Thought

Austrian School of Economics

Primer on Austrian School of Economics

Notable figures in the Austrian school: Carl Menger, Eugen von Böhm-Bawerk, Ludwig von Mises, and F. A. Hayek

Monetarism

Keynesian School of Economics

Up first is challenging the underlying assumptions of the buy and hold philosophy of investment.

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2 Responses

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  1. where can we subscribe to the site’s newleter ?

    Austrian TV Online

    January 6, 2010 at 11:14 am


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