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wolfpackk

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Merely reflecting the tone you've taken throughout this post. Then to use the passive-aggressive "May I suggest getting an education" bit is incredibly condescending, especially given that your position of less-government is universally better, after being scrubbed of the sensationalist rhetoric you are spewing, has literally 0 empirical evidence behind it. There is a reason Austrian economics is not taken seriously.

I especially like that fact that you asked less than 1.5 years ago about the best online CS program, then have the audacity to tell someone to get an education. You probably do not know jack shit about econ or cs.

hop on the government paved roads to drive to a lake that you couldn't get arrested for trespassing on because the government has preserved it this long, then hop on the darpa/dod funded internet to complain that you can't go fucking swimming is the epitome of irony. Go fuck yourself.

Tulip Mania was so volatile and quick that I doubt there was much of anything beyond armchair tulip specialists

No, it is not equivalent, as without a constant, steady inflation rate, actors in an economy have a propensity to hoard savings, which can in turn create a viscous deflationary cycle. Economics can not, at least not any time soon, be an exact science as there are infinitely many factors at work, however, a steady, relatively predictable amount of inflation coupled with understanding the time value of money is the best approach for the foreseeable future.

As an American citizen, I can assure you this guy is talking out of his ass, and America will continue to be a leader in many cutting edge fields for years to come. American economic prowess may decrease relative to the rest of the world as they finally catch up, but "the writing is on the wall" is sensationalist bullshit. I will never understand the correlation between technophiles and Libertarian pseudo-economic bullshit; 0 empirical evidence to back it up, yet the same stupid causal chain of events is brought up all the time.

tldr: get off my lawn kids will forever be the sentiment of the current old generation while lol we r so hip will be the sentiment of the 18-20somethings. I don't think this realization is as profound as he is making it seem though, c'est la vie

I too want to know what happens here, I've been working as a web developer for over a year now and am just now confident in my abilities to want to do some freelance, and all I see are these horrible responses all over sites like these.