Weird Name Amazing Results

     My first post is going to be about the name of my blog. I named the blog "An American's Austrian perspective" because of a much admired Austrian economist named Fredrick Hayek, whose economic theories are referred to as the Austrian perspective.  Hayek, along with millions of Americans, believed that big government and excessive corporate regulation hinders economic growth.  He believed that these excessive regulations lead to socialism and loss of freedom.  His economic plan is that of a true conservative in that wealth is built by investments, innovation, and interest.  Our current economic plan is the brain child by a late economic "mogul" John Keynes.  His theory is that one can control the market and build wealth by ensuring that money is always flowing through the market.  This means that when we are on an economic down turn, we must stimulate the economy by increasing the availability of money which would then increase demand.  Although this idea is virtually flawless on paper one must ask the question  "How do we increase the availability of money?"  His idea was that the government needs to step in and execute fiscal and monetary policies. These policies include lower interest rates, that lead to Americans using credit to buy things they cant otherwise afford, and introducing various stimulus packages, that leads to the government using credit to buy things they cant otherwise afford.  It's true that everyone likes to get a check in the mail. What we don't like is that the government has to spend money they don't have to enact policies we don't need that leads to more regulation....that leads to bigger government...that leads to less freedom...that leads to a suppressed American economy.

     This blog will focus on several different subjects including business, economics, politics and thoughts on current events.  I'm going to do my best to make this blog educational as well as interesting.  I know that many people have their own economic views but have no idea that respected economists world-wide have the same theories but also have the "charts and figures" to back it up.  I am a stanch capitalist, conservative and patriot. I am a 25 year old college student working on a degree in accounting and economics. I am a married middle-class American and  am no stranger to financial struggles.  I go to church, solute the flag and pay my bills.  In short I am an "average" American, and I couldn't be more proud.