User talk:Greg Ransom

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Barack Obama
You cannot add your personal opinions to a Wikipedia article, especially when your own website is your source. -- Scjessey (talk) 17:44, 8 April 2008 (UTC)

BLP warning
Welcome to Wikipedia, and thank you for your contributions. However, please be aware of Wikipedia's policy that biographical information about living persons must not be libelous. Any controversial statements about a living person added to an article, or any other Wikipedia page, must include proper sources. --Bobblehead (rants) 17:44, 8 April 2008 (UTC)

'Austrian' economics
About this edit: Good luck fighting against the internet libertarian 'Austrians'. They seem to think that von Misean economics is Austrian economics, and are pretty adamant about imposing their vision. But, as has been pointed out by historians of economics thought, most actual Austrian economists, and Hayek in particular, was a neo-classical economist.

You may also find this interesting reading, Bryan Caplan: Why I Am Not an Austrian Economist. Caplan also notes: "My equation of Austrian economics with Mises and Rothbard rather than F.A. Hayek is bound to be controversial. The primary justification for this is simply that Mises and Rothbard clearly rejected many of the key elements of modern neoclassical economics, while Hayek did not. If Mises and Rothbard are right, then modern neoclassical economics is wrong; but if Hayek is right, then mainstream economics merely needs to adjust its focus."

Hayek also wrote, "...avoid giving the impression that I generally reject the mathematical method in economics. I regard it as indeed the great advantage of the mathematical technique that it allows us to describe, by algebraic equations, the general character of a pattern even where we are ignorant of the numerical values determining its particular manifestation. Without this algebraic technique we could scarcely have achieved that comprehensive picture of the mutual interdependencies of the different events in the market." (F.A. Hayek, "The Pretense of Knowledge," in F.A. Hayek, Unemployment and Monetary Policy (Washington, D.C.: Cato Institute, 1979), p.28.

Anyway, just wanted to commiserate and help if I can. Good luck with the self-styled 'Austrians'. LK (talk) 09:17, 14 September 2012 (UTC)