PEOPLE For  Mathematically Perfected Economy™  :  the singular integral solution to 1) inflation and deflation, 2) systemic manipulation of the cost or value of money or property, and 3) inherent, irreversible multiplication of debt in proportion to a circulation.

MORPHALLAXIS, January 14, 1979.

VICIOUSNESS AND EVASION AS THE REGULAR DEFENSE OF THE AUSTRIAN SCHOOL

Monday, June 16, 2008

VICIOUSNESS AND EVASION AS THE REGULAR DEFENSE OF THE AUSTRIAN SCHOOL

Since I was first invited to participate in Austrian School forums long ago, the experience has been uniformly ugly, and practically always, immediately so.

The reasons of course are no less transparent than the Austrian's uniform pleasure in 1) universal rejection of all potential applications of math on the purported principle that mathematics cannot predict human action (even as mathematics ought to be tolerated at least then in determining the limitations imposed by a monetary system which are not subject to incalculable human behavior [such as obligatory maintenance of a circulation and inherent multiplication of debt by interest to a terminal sum of debt]); and in 2) what the Austrian "economist" calls "free markets," against which they preserve the imposition of "interest," regardless of the consequences.

Quite transparently then, the first of these dispositions tends without qualification to reject all veritable proof or disproof to pave the way for the latter, which of course can profit no one but to participate in unearned profit as a principal objective of what the Austrian yet calls "economics."

I can only suppose then that the obvious weaknesses of this disposition itself explain the usual immediate viciousness of the Austrian "School," and the evasion by which its advocates ignore the faults of usury like the anti-Christ, to pursue whatever they do.

As to what the Austrian "School" offers the world but viciousness toward competing ideas with substance, my own experience measures that to be no more than what can be produced by viciousness toward mathematic solution of the elementary issues of inflation and deflation, or inherent multiplication of debt by interest.

All then that explains the ad hominems, rejection of logic and accountability, and the viciousness by which the so called Austrian School regularly means to defend itself and reject solution, is lack of genuine appreciable reason, and their evident wish to preserve usury and unearned gain at cost to all true producers.

The facade and ire are simply about parasitism. The bottom-line is that mathematics are absolutely appropriate for both proving and solving the limitations and improprieties of a purported monetary system which can only impose failure which no human decision or behavior can avoid but by recognizing and solving those faults. The Austrian facade is an obstruction of economy and economic justice, in which the furtherance of either therefore is impossible.

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    "To find the players in all the corruption of the world, 'Follow the money.' To find the captains of world corruption, follow the money all the way."

    mike montagne — founder, PEOPLE For Mathematically Perfected Economy™, author/engineer of mathematically perfected economy™ (1979)

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