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Libertarian Economics
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03-13-2018, 12:58 AM
This type tends to put blame on government interference in regards to economic slow-downs. For instance, they claimed The Great Depression was a result of government favoring certain industries - causing bubbles there.
03-13-2018, 01:04 AM
A somewhat common theme from this branch of economics is arguments towards systems such as communism and socialism. I don't really agree with, or see socialism working. Therefore it's not an approach I favour a great deal personally.
DiscussPF Founder & Owner Emeritus
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03-13-2018, 01:09 AM
[quote quote=1062]A somewhat common theme from this branch of economics is arguments towards systems such as communism and socialism. I don’t really agree with, or see socialism working. Therefore it’s not an approach I favour a great deal personally.[/quote]
Libertarians tend to favor no government, though. However, though, it shares commonality with socialism, Communism in that it's cynical of status-quo economics (as in the US).
03-13-2018, 01:12 AM
[quote quote=1065]
Quote:Martin wrote:Libertarians tend to favor no government, though. However, though, it shares commonality with socialism, Communism in that it’s cynical of status-quo economics (as in the US).[/quote] Yes there are of course extremes. I believe that the government should have some intervention, but I think there are many cases in which governments currently are drastically overstepping the mark and doing things they aren't required to do. DiscussPF Founder & Owner Emeritus
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03-13-2018, 01:26 AM
I think government intervention either via private or military industries in unavoidable. I mean, there is no chance a Ron Paul type would gain power (anywhere), and Trump isn't a libertarian.
12-17-2021, 10:12 AM
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