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For the austrians here, what statistics should we be using to measure the health of an economy?
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This is like asking the Austrians, "Ok, so if you don't like democracy, how SHOULD we pick our national leaders?"
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I'm pretty good in ACese, but this flew completely over my head. You guys keep saying how everyone's life will be better under AC, but where would the evidence show up?
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if the fed is so good why do they outlaw competition?
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This isn't any more true than the first 10 times its been claimed:
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Andrew Williams, a spokesman for the Federal Reserve in Washington, D.C.:
"There is no law that says goods and services must be paid for with Federal Reserve notes. Parties entering into a transaction can establish any medium of exchange that is agreed upon."
Link
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