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To: rogue yam

***suggests (4) the adoption of “Austrian Economics,” ***

I saw that term in earlier postings on Monday and believe it is a typo by someone in Maine or the media.

It probably should read as “austerian” economics, which would equate to cutting the spending except for things absolutely necessary; being frugal with the taxpayers’ dollars.


41 posted on 05/11/2010 12:03:39 AM PDT by octex
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To: octex

Austrian economics:

http://en.wikipedia.org/wiki/Austrian_School


43 posted on 05/11/2010 12:29:17 AM PDT by rogue yam
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To: octex

I hope you were joking.


44 posted on 05/11/2010 12:36:15 AM PDT by denydenydeny (The welfare state turns us all into zoo animals, mouths open, waiting for the next feeding.)
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To: octex

No, it’s Austrian Economics

See: The Road To Serfdom
by Nobel Prize Winning Economist
Friedrich von Hayek
http://en.wikipedia.org/wiki/The_Road_to_Serfdom


45 posted on 05/11/2010 12:40:48 AM PDT by truthfreedom
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