Thursday, January 6, 2011

Are You An Austrian Economist ?

    Ludwig von Mises Institute

     Are You an Austrian?

    (38,674 have taken this quiz.)

    Your score is: 93/100

    1. What is the correct economic status of private property?
      Your answer: The Austrian answer. http://mises.org/libprop.asp




    2. What is the proper method to conduct research in economic science?
      Your answer: The Austrian answer: http://mises.org/literature.aspx?action=subject&ID=3




    3. What is the reason for the interest rate, and should the rate be regulated?
      Your answer: The Austrian answer. http://mises.org/literature.aspx?action=subject&ID=10




    4. What is the economic impact of saving?
      Your answer: The Austrian answer. http://mises.org/humanaction/chap18sec9.asp




    5. What is the source of economic value?
      Your answer: Historical School (there is no distinctly Keynesian answer to this question)




    6. What is money and how does it originate?
      Your answer: Austrian answer. http://mises.org/rothbard/money.pdf




    7. What causes the business cycle?
      Your answer: Chicago answer




    8. What is the right anti-recession policy?
      Your answer: Austrian answer




    9. How viable is socialism?
      Your answer: Austrian answer. http://mises.org/econcalc.asp




    10. What is the proper size and scope of government?
      Your answer: Austrian answer. http://mises.org/literature.aspx?action=subject&ID=16




    11. Who should regulate consumer products and how?
      Your answer: Austrian answer. http://mises.org/rothbard/newliberty9a.asp




    12. What are wages?
      Your answer: Austrian answer. http://mises.org/literature.aspx?action=subject&ID=13




    13. What causes economic growth?
      Your answer: Austrian answer. http://mises.org/journals/qjae/pdf/qjae2_2_5.pdf




    14. What is your view of economics and the environment?
      Your answer: The Austrian answer. http://mises.org/literature.aspx?action=subject&ID=6




    15. What do taxes fund?
      Your answer: The Austrian answer. http://mises.org/literature.aspx?action=subject&ID=115




    16. What caused the Great Depression and how effective was the New Deal?
      Your answer: Austrian answer. http://mises.org/rothbard/agd.pdf




    17. Do markets create and sustain monopolies and what should be done about it?
      Your answer: Austrian answer. http://mises.org/literature.aspx?action=subject&ID=7




    18. What is the role of equality and inequality?
      Your answer: Chicago answer




    19. What is your view of free trade and globalization?
      Your answer: Austrian answer. http://mises.org/mmmp/mmmp10.asp




    20. What is the function of the stock market?
      Your answer: Austrian answer. http://mises.org/daily/1014




    21. What are labor unions for?
      Your answer: Austrian answer. http://mises.org/literature.aspx?action=subject&ID=13




    22. What are the economic implications of national defense?
      Your answer: Austrian answer. http://mises.org/journals/scholar/Hoppe.pdf




    23. What about goods like education and roads?
      Your answer: Austrian answer. http://mises.org/literature.aspx?action=subject&ID=16




    24. What are the economic implications of warfare?
      Your answer: Austrian answer. http://mises.org/daily/1189




    25. Who serves society best?
      Your answer: The Austrian answer. http://mises.org/humanaction.asp




     






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