FORECASTING THE ECONOMY: Keynesian Economics vs. Austrian Economics – [VIDEO]

The 2 videos are designed to convince you that the Austrians&#8217- economic predictions are more accurate.

The first video has an intro in French, sorry for that, but the rest of the video is in English (with French subtitles).

Keynesians&#8217- forecasts (featuring Ben Bernanke and Paul Krugman) vs. Austrians&#8217- forecasts (featuring Ron Paul and Peter Schiff):

Why I am against those billionaires pledging to give away the majority of their wealth

Philanthropy has a low ROI.

They should rather put their money in a VC fund, and invest it in promising ventures, lead by visionaries.

Addendum: WSJ

UPDATE: See Peter Thiel&#8217-s &#8220-Audacious Optimism&#8221- event.

If I had to guess, I would say about 50 percent of the “name pros” you see on television on a regular basis have a negative net worth. Frightening, I know.

No GravatarPhil Gordon on Poker

Previous blog posts by Chris F. Masse:

  • No need of enterprise prediction markets to boost intra-corporation communication
  • Inkling Markets is included in the 2008 list of “Cool Vendors” by Gartner.
  • BetFair-TradeFair has won its second Queen’s Award for Enterprise in its eight-year history.
  • Inkling Markets is one of the “Hot Companies To Watch In 2008″, according to Forrester.
  • Plenty of great news coming from Inkling Markets in the coming weeks
  • ??? charity-driven prediction markets OR social issue prediction markets ???
  • That can’t be Nigel Eccles of HubDub.