From: "James A. Donald" <jamesd@echeque.com>
Date: Mon, 19 Aug 1996 08:26:39 +0800
To: Bart  Croughs <cypherpunks@toad.com>
Subject: Re: National Socio-Economic Security Need for Encryption Technology
Message-ID: <199608182241.PAA18496@dns2.noc.best.net>
MIME-Version: 1.0
Content-Type: text/plain


At 05:59 PM 8/18/96 +-200, Bart  Croughs wrote:
> No, but a number of posters claimed they were Austrians, 
> and among them was Timothy May. So if I can show that 
> Timothy's statements contradict the economic theories 
> he says he supports on the most fundamental level 
> (the level of methodology), 

Obviously the Austrians, like anyone with half a brain, said that more
capital means more wealth for everyone, and more capital relative
to workers means a bigger share for the workers.

It does not follow however, that the Austrians said that 
if the government directs the flow of other peoples capital 
like a farmer watering his fields, the fields so watered will
benefit.



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