>Mises was chief economist for the Austrian Chamber of Commerce and was an economic advisor of Engelbert Dollfuss, the austrofascist Austrian Chancellor.[23] Welp, the Fascism <--> Libertarianism pipeline is more than 100 years old and not a new e-chud phenomena.
>>18051545He wasn’t really a libertarian. Mises and Hayek were fine with the government socializing services just not controlling the entire economy. Modern libertarians would consider this to be a bridge to far
>>18051545You still mad this nigga debunked socialism all the way back in 1922?
>>18051559With AI, economic calculation becomes much more straightforward. It’s only a matter of time and tech.
>>18051545Mises was a classical liberal in the European tradition, like Menger. Rothbard and the less Europeanised Jewish wing were the libertarians.
>>18051579AI can't replace the price system. You're missing the entire point of his argument, economics is about purposeful, qualitative human behaviour under conditions of scarcity.
>>18051588But his pricing system still has a recurrence problem, there needs to be some bedrock, price can not generate price, there needs to be a grounding core like labour for a baseline.
>>18051615>price can not generate priceWtf are you talking about? Prices are set by owners who base their estimations on supply and demand which is only possible in a market system.
>>18051545Wait until you hear about the liberal economic advisors for the national socialists
>>18051631>Germany becomes the first country to exit the Great Depression
>>18051631Hjalmar got discarded quite early.
>>18051636NEVER FORGET he aced the IQ tests at Nurenberg, to Goring's supreme seethe
>>18051545Remind me again who killed Dolfuss? Oh, that's right...
>>18051579>It’s only a matter of time and tech.Just... two more... weeks...
>>18051634by building a greater fool scheme lmao. had germany not invaded and plundered half of europe its collapse when MEFO bills came due would've been 100x worse than the initial stock market crash
>>18051545>destroy europe in less than 2 decades>europe civilization has been saved
>>18051772But enough about the Soviets.
>>18051624That just results in a feedback loop. There is no starting point for that supply side cost.
