Self Insert "People can really believe anything these days!" - Ismism This page is meant to represent Leviatan.hbb's political views. Please do not make any major edits without their permission. |
"What does it matter if the cat is black or white as long as it hunts mice?"
Economics
Financially I am extremely inspired by the Friburg School. My favorite examples were the German economic miracle caused by the Social Market Economy and the 1959 reforms in Francoist Spain that lifted the regime influenced by Ordoliberalism . I follow David Ricardo's Comparative Advantages, which dictate that a nation's ability to produce a good at a lower price will give it a benefit over trade. I am critical of the Theory of Subjective Value, since it is only applicable in a supposed non-monopolized market, where there are multiple bidders; in a monopolized market it is an inapplicable theory.
The best form of economy is a liberal economy, with necessary state intervention, neither high nor low, and only two types of taxes: a tax on land of Henry George and Pigouvian taxes on environmental damage and bad consumerism such as alcohol or tobacco.