Dubai Forums

On the other hand, if mankind would finally evolve from warmongering idiots to freedom embracing nations, then we might see Libertarian thoughts develop the world to one giant economic engine with free trade, no protectionism, no war, cultural diversity, tolerance, property rights, international ju...

Same with Friedrich Hayek and Murray Rothbard. I also like some views from Milton Friedman and Ayn Rand. Wow, So well-known faces. As far as I understand, Anglo-American World has lived reading every single word of their economic theories and was rearranged according to their templates. Margaret Ta...

The free market system is viable and mostly in place today as long as government stays out of the the market and merely focusses on fraud and abuse, defensive measures and consumer protection. Then its job is complete. The private sector creates viable jobs and allocates efficiently. That is where ...

Friedrich Hayek was the utter opposite of Keynes, as his economic theory was based on the Austrian school of economics. Nobody listened to this guy back then.

A nice jolly rap video, explaining these two opposite economists:
http://www.youtube.com/watch?v=d0nERTFo-Sk

That's a cool video! A quick question - and I apologise for the tangent - but shouldn't true free-market liberals argue that interest rates and exchange rates be set by the market? If both are free floating, then the market will decide where to invest etc? Cheers, Shafique Thats basically what I'm ...

a bunch of crooks politicians who want to be reelected by bailing out their special interest who finance their campaign with contributions, I mean WallStreet and the Big Three automakers and its worker unions . But this is not capitalism! This is corporate cronyism. Capitalism is based on the premi...

Well, Rob. If you wish let's emphasize on von Hayek. I read only one book of the author "The Road to Serfdom". Of cause it's a pamphlet, but many his ideas are there. To be franck his arguments both with Marx and Keynes are not convincing. In my view, there are some weeknesses: 1) No inte...

by shafique » 15 Mar 2010, 13:27 Just a quick aside for you RobbyG concerning the Shariah law comment - under Shariah, the principle is that leniency is shown to the borrower by default - the loan is only repayable if the borrower can afford to pay back and the risk of default lies squarely with th...

In conclusion: Solving the economic problem, by decentralization plus automatic coordination through the price system, is the best possible solution. The method of central planning/direction is incredibly clumsy, primitive and limited of scope i.e. very inefficient in allocating resources. I didn't...

RobbyG wrote: Are you serious Chief! Wars are required! Thats just crazy you imperialist! When people work and save money at the bank, they get paid interest. The bank lends those funds to a creditworthy borrower. This way loans (preferably not leveraged) will find its way into the real economy int...

My question is: "Where did you find those average Americans?" There is an easy answer to that; There aren't many average saving Americans left.... The US budget for 2010 is calculated to be 3.5 Trillion dollars. Only approx. 2.3 Trillion is obtained by tax revenues etc, the rest of the go...

Well, in this case which coutries were you writing about? I guess that Anglo-American World is quite different from Europe. Or the difference is negligible? Look Chief, there is an easy measure to see if a country's economy is sound. Just look at the current account balance, also known as the balan...

See US Debt Clock in real time >>> http://www.usdebtclock.org/ http://static.businessinsider.com/image/4b9e3b237f8b9a097fa40400-590-450/1-as-of-december-1st-2009-the-official-debt-of-the-united-states-government-was-approximately-121-trillion-dollars.jpg The financial bomb.

New topic created in Politics section: The Business Cycle Theory - Economics

Add your questions and lets continue the discussion in a more structured manner.

Some say its the animal spirits. I say its the free market supply...

Crisis with Israel: US General Petraeus: Israeli Policy Endangers the Lives of American Soldiers

http://www.youtube.com/watch?v=q8VfdbCJgpU

From a geostrategic perspective, Israel is an important nation for critical leverage in the ME region. Isn't oil the only geostrategic interest of the US in the ME? The US has always been very reluctant to support Israel during wars. I don't believe the US support Israel because its a democracy. Ob...

Thanks, I had a more leisurely read through the posts. I have to say, I pretty much agree with your assessment and views here. I'd perhaps use some different labels, but would indeed be denouncing the bad aspects of 'corporate cronyism' as you put it - but then I'd argue I'd be using the labels att...

and your point is? :D You missed it?? Or are you just in your usual state of denial? :drunken: i am not denying anything. I erased alot of crap you typed. :lol: So now to the point. Are you going to condemn the craphole? Or keep cheerleading for it? :mrgreen: :wink: http://era.esc11.net/98810718231...

London, England (CNN) -- The locals wear long, all-covering robes. They pray five times a day in one of the city's many mosques. Each year, they celebrate Ramadan, fasting from dawn to dusk. Many expatriates, instead, love to hang out at the beach, often in skimpy bathing suits making the most of t...

(This is my reasoning for advocating no interest rates but a tax on unused capital - which will encourage investments and profit sharing rather than mortgages/loans/bonds paying interest) The abundance of capital in the markets, by obligation more or less, will also lead to inflation in my opinion....

funding the side that has its interest. Which interests? Maintaining the status quo? Not supporting Israel, would make access to oil much easier for the US. As supported recetly by Petreus. US interests in the region, namely the countries it supports for leverage in the region. They don't fund Arab...

Bora Bora wrote:Oh, Oh. You know someone is going to come out in denial!!!!

uaekid wrote:thats ur problem bora, u always see and comment on black even though you your self iand 5 other m ppl are here bcz it is white. Did u u start a thead about it being white ? Do u c where im going ?

I think you're of African descent, correct?

thats ur problem bora, u always see and comment on black even though you your self iand 5 other m ppl are here bcz it is white. Did u u start a thead about it being white ? Do u c where im going ? I think you're of African descent, correct? :mrgreen: scared robbyg ? Thats funny. Both our ancestors ...

Countries living in the 21st century know how to make a difference between terrorists exchanging messages and couple texting horny, obviously you don't. The UAE has a way of life equivalent to what it was in the the Christian World back in the 700th century , and prosecutes that as a serious crime ...

It means we are the same, numbnuts.

Is your low self-esteem coming up again? Don't make our ancestors look so humiliating. Man up.

uaekid wrote:admit it ... chicken

There's nothing to admit. I'm changing my goals in life. So I wasn't looking in Dubai anymore.

Try again.

You must be a smart mormon.

Thats a wrap.

You can't have that much luck every day FD. 1973 was nearly a death sentence.

Next time they lose.