RELATED
Gerald Celente ~ Crime of the century
with Max Kesier http://12160.info/xn/detail/2649739:Topic:971064?xg_source=activity

It’s been confirmed now that economist Sandeep Jaitly has been forced to resign his position from The Gold Standard Institute following his on-air remarks about Ludwig von Mises and Ayn Rand. Jaitly, a follower of Antal Fekete, originally tweeted that “If it ain’t Menger or his direct student Eugene [sic] Von BB, it ain’t Austrian. Sorry #Mises: respectfully, too many mistakes were made.”

On August 16th, Jaitly elaborated further on Russia Today’s Keiser Report:

Mises didn’t look back to Menger’s original axiom which was that value is not outside of your own consciousness. And he didn’t observe what Menger observed about market action in the sense that there are always two prices, there’s a bid and an offer. And von Mises didn’t like to admit that interest was a market phenomenon. He sort of wanted to imply that it’s a sort of natural consequence of not having a present good basically. So to develop a theory of interest without going back to Menger’s original observations is not continuing the tradition in the Austrian way as we would see it.

Then, after much debate in the blogosphere, someone known as kdt posted this text purporting to come from The Gold Standard Institute on August 25th:

Lest there be any misunderstanding, the views expressed by Sandeep Jaitly in his interview with Max Keiser (http://maxkeiser.com/tag/carl-menger/) are not the views of The Gold Standard Institute. To the contrary, we strongly disagree with those views. There is no doubt that Ludwig von Mises made mistakes; that should not diminish the respect due to a great scholar. The mistakes of Mises are dwarfed by the enormity of his positive contributions. The Institute believes that history will judge Ludwig von Mises far more kindly than does Mr. Jaitly. The Ayn Rand diatribe was of a tone that displayed little understanding of her philosophy and needs no further comment. The philosophy of The Gold Standard Institute has always been, and will remain, to debate and promote ideas, not to attack people.

Sandeep Jaitly has resigned from his position as Senior Research Fellow with the Institute and we sincerely thank him for his past contributions.

Philip Barton
President

In an email confirming the action, Sandeep Jaitly explained to me, “apparently, they don’t want to burn bridges,” and I take this to mean bridges with large benefactors and partners. However, Jaitly is unfazed and vows to continue his work including a PhD acceptance speech on the Ludwig von Mises split from Carl Menger and Eugen von Böhm-Bawerk regarding certain aspects of interest rate theory.

MORE

http://www.forbes.com/sites/jonmatonis/2012/08/26/economist-appeari...

 

Views: 3741

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

tjdavis posted a video

propaganda: DIVIDE & CONQUER (1942) - Warner Bros. vs Hitler

Not to be confused with the much drier Frank Capra film from 1943.A "Broadway Brevity", released August 1, 1942. Vitaphone #1022-1023A.Transferred from 16mm.
4 hours ago
Doc Vega posted blog posts
yesterday
cheeki kea commented on cheeki kea's photo
Thumbnail

Thumbs down - ship gone.

" So this sort of stupidity has occurred before. Norway or NZ - Who did it better? Cast your…"
Friday
cheeki kea favorited Doc Vega's blog post The Last Meal
Friday
tjdavis favorited Sandy's photo
Wednesday
tjdavis favorited cheeki kea's photo
Wednesday
tjdavis favorited tjdavis's video
Wednesday
tjdavis posted photos
Wednesday
tjdavis posted blog posts
Tuesday
cheeki kea favorited tjdavis's video
Tuesday
cheeki kea commented on cheeki kea's photo
Thumbnail

Prime clown idiot of the year.

" Stay tuned this prime clown might just resign from his own circus as his Finance Minister…"
Tuesday
cheeki kea commented on cheeki kea's photo
Tuesday
tjdavis posted a video

The Orb & David Gilmour - Metallic Spheres In Colour: Movement 1 - Excerpt (4K Official Music Video)

The 2010 album Metallic Spheres by The Orb and David Gilmour has been reimagined and remixed as Metallic Spheres In Colour. Out now: https://theorbdg.lnk.to/...
Tuesday
Doc Vega posted a blog post

The Real Explanation of the Mystery Drones over New Jersey

 Keep in mind all of the possible implications around the drones reportedly as big as cars being…See More
Monday
Sandy posted photos
Dec 16
tjdavis posted a video

Capitol Punishment - The Movie (Updated Trailer)

Order on DVD or Stream it Now: https://givemelibertynow.org/product/capitol-punishment/Told through the eyes of the people who were there on the ground, Capi...
Dec 15
cheeki kea commented on cheeki kea's photo
Dec 15
cheeki kea posted a photo
Dec 15
FREEDOMROX favorited Doc Vega's blog post Biggest Hoax and Hazard to Health in US History Busted Pt. 2
Dec 14
FREEDOMROX posted a blog post
Dec 14

© 2024   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted