Special Investigation: The secret race war in South Africa that threatens to overshadow the World Cup || Proudly SA/TRC-RSA Afrikaner Genocide Report

Special Investigation: The secret race war in South Africa that threatens to overshadow the World Cup

by Adian Hartley | The Daily Mail/Mail Online, UK

Only 70 miles from a 2010 World Cup football stadium, a farmer's wife and a boy aged 13 learn to defend themselves with lethal weapons. They say thousands of white landowners have been killed by Zimbabwe-style marauders; their black rulers accuse them of belligerence and right-wing tendencies. Aidan Hartley reports on the war of words you won't read about in your World Cup holiday brochure.

Related: Legal and Political Petition to Nobel Institute: Norwegian Nobel Committee, to:

1. (I) Withdraw Nobel Peace Prize’s from Nelson Mandela, F.W. de Klerk, and Archbishop Desmond Tutu, for (a) Intellectual Dishonesty & Hypocrisy; (b) Moral, Political and Religious Prostitution; and (c) ‘TRC-RSA’ Fraud and Betrayal; and
   
   
2. (II) Accept Nobel Peace Prize Nominations for Dr. Albert Bartlett; Dr. Garret James Harden, and Dr. M. King Hubbert, for Intellectually Honest and Politically Honourable Ecologically Sustainable, Human Rights, Peace and Social Justice Advocacy



Encl. Evidentiary Document: Proudly South African/TRC-RSA Afrikaner Genocide Report [(i) Alphabetical Listing of Farm Murders: A – Z; (ii) 2008 Farm Murders in South Africa: Brief Summaries; and (iii) Genocide Watch 2002 Report on Boer Farm Murders]

Austrian Economics :: The Austrian Cure for Economic Illness

The Austrian Cure for Economic Illness

by Donald W. Miller, Jr., MD | LewRockwell.com

June 2, 2008

An ill person may have diabetes or an infection. When an economy becomes ill people lose their jobs and watch the value of their homes and stock portfolios fall.

A doctor evaluates symptoms and signs (physical findings), orders laboratory tests, and makes a diagnosis. Having determined the cause of the illness and its pathophysiology (how the disease alters bodily functions), the physician prescribes treatment and gives a prognosis, predicting how the patient will progress under the treatment and the likelihood of recovery.

Government officials and their financial advisors approach economic illness the same way – they diagnose the trouble, institute treatment, and provide a reassuring prognosis.

As in medicine, with its opposing schools of allopathic (pharmaceutically oriented) medicine and homeopathy, there are two diametrically opposed schools of economics: the Keynesian one and the Austrian School of economic thought. Based on the ideas of the John Maynard Keynes (1883–1946), a British economist, Keynesian economics is the one government officials, academic experts, pundits, journalists, editors, and establishment economists follow. Employing mathematical models, this school evaluates the economy from a macroeconomic perspective – as a whole. The Keynesian prescription for treating economic illness is more government spending, along with fiscal and monetary policies designed to achieve full employment and price stability.

Austrian economics focuses on the individual. Taking a microeconomic approach, this school studies the actions of individuals in the marketplace, where people act to achieve their chosen ends, governed by one’s perceived needs and wants. It eschews mathematical models. Instead, Austrian Economics addresses such subjects as marginal utility, the subjective theory of value, economic calculation, scarcity and choice, capital malinvestment, moral hazard, and the importance of free markets and a stable currency for setting prices.