Austrian economics for the win!

  ----- Original Message ----- 
  From: Chinnery, Paul 
  To: NT System Admin Issues 
  Sent: Tuesday, January 13, 2009 8:22 AM
  Subject: RE: Would this be good for IT, or what? (UNCLASSIFIED)


  Not to get into a big econ argument, but we're not all Keynsians.

  Paul Chinnery 
  Network Administrator 
  Memorial Medical Center 
  231-845-2319 





------------------------------------------------------------------------------
  From: Ken Schaefer [mailto:[email protected]] 
  Sent: Monday, January 12, 2009 5:53 PM
  To: NT System Admin Issues
  Subject: RE: Would this be good for IT, or what? (UNCLASSIFIED)


  If people (and companies) couldn't borrow to invest, everyone would be much 
poorer now than they are now. Paying for things out of your own equity has 
opportunity costs. If you can get funding for cheaper from someone else, why 
wouldn't you?

   

  And for the other major sector of the economy (the government) - if they 
couldn't borrow either, the Depression would have been much worse (Maynard 
Keynes - a rather famous economist - wrote a rather revolutionary book on 
aggregate demand and equilibrium in the economy).

   

  Cheers

  Ken

   

  From: David McSpadden [mailto:[email protected]] 
  Sent: Tuesday, 13 January 2009 6:29 AM
  To: NT System Admin Issues
  Subject: RE: Would this be good for IT, or what? (UNCLASSIFIED)

   

  No debt is good debt.

 




 





 

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