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?"
File:FriburgSchool.pngEconomics
Financially I am extremely inspired by the File:FriburgSchool.pngFriburg 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 File:SoftRegulation.png 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.