Monday, September 20, 2010

At least somethings were done.

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Sleep is still elusive. The lack of it is bringing headaches and confusion, along with a schedule too skewed to allow for some specific business to be done. I did manage to deal with trash, dishes (after a week pileup), sweeping, the kitchen sum total actually. As well, I have been reading Vox's book.

I will say the material seems coherent and correct. Beyond, it fits my beliefs. And, yes, that is important. As he discussed, economic policy is often based as much upon political (which I count as social to a degree, and as well) considerations as upon the academic or scientific notions of economy and the theories related to it. As well, the Austrian School seems to favor natural realities. Boom and bust are natural events and delaying one or the other only leads to failure compounded by the delay. This, if not social, is naturally observable (to a degree) in all of nature.

Forest fires, long prevented and thwarted through artificial means, burn the hotter and longer for man's interruptions. As well, rivers which man tries to control end up either nearly dying or flooding more severely. Even men trying to control their fellows through various means usually ends up as a disaster. Look to the U.S.S.R. for what happens to people when an attempt to legislate morality occurs. No, natural allowances are the right way, even beyond the social and political considerations. I am sure their are exceptions, though I think these could be handled more surely via legislation than centralized banking, or even through social methods.

Now, one thing I must say, is that my analysis of what I have read to this point is merely a suggestion of a positive result. I will not say that I regard the Austrian School of economics in any better light, in truth, than the other methods which have been employed. (Admitted in the book, and save for socialism in it's many forms, all other forms have been attempted incorrectly.) I lean in favor of the notions written there though. I do see the main problem not necessarily what form of control is attempted, regarding economics, but that control is asserted in the first place.

I see most control methods simply as methods someone uses, for whatever purpose, which end up setting up quick thinkers and insiders for artificial favor. This favor works in the short run, yields gold rush billionaires, and then collapses. The greater, longer, and more universal the control the harder the fall. I am only a bit past half way through the book so I have yet to see what is going to be prescribed, proscribed, and predicted.

Now, however, I am getting a much better idea of what D.C. is always yammering on about. (no offense intended, as I am in at least partial agreement, if I do not tend to yammer on (on that point, though I have many other points)) And, if the time involved is a key to the fall, then the fall would by necessity be huge. What is worse is that the government has been involved in other related, if still quite separate areas which directly and indirectly affect the economy, like civil service unions coupled with the explosion of government workers, attempts at socially engineering the types and forms of business in the U.S. (thus abroad), and all of the social programs which have been enjoyed by the few paid by the many and have well and truly run out of "the many", along with many other facets which all must lead to a fall. Even if Vox's assessments were incorrect, these things are set to explode together or separately and without fail to the economic woe of the whole world. Yeah, okay, yammer on.

Still, I would rather sleep. :p

Good night, I think, Ilien. I owe you much you tipsy dame.

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