Sunday, September 11, 2016

Edelstein, Block and Wenzel: An Exchange

The following email exchange took place between Dr. Michael Edelstein, Dr. Walter Block and me:

From: Michael Edelstein [mailto:dredelstein@threeminutetherapy.com]
Sent: Friday, September 09, 2016 1:39 PM
To: Walter Block
Cc: Bob Wenzel
Subject: Interest Rates

You’re rooting for Trump even though he’s not a lib. Ok.

Are you rooting for a rate hike, and if so how large, even though Yellin’s not an Austrian?

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On Sep 9, 2016, at 11:45 AM, Walter Block <walterblock@business.loyno.edu> wrote:

I'm rooting for the fed to disband.

Walter E. Block, Ph.D.
Harold E. Wirth Eminent Scholar Endowed Chair and Professor of Economics
Joseph A. Butt, S.J. College of Business                  
Loyola University New Orleans

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From: Michael Edelstein [mailto:dredelstein@threeminutetherapy.com]
Sent: Friday, September 09, 2016 1:51 PM
To: Walter Block
Cc: Bob Wenzel
Subject: Re: Interest Rates

Yet you’re rooting for Trump as he is. Why not root for him to become a Rothbardian.

As you would say to me about Trump, suppose you had to choose between no or some rate hike, which would it be?

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On Fri, Sep 9, 2016 at 12:33 PM, Walter Block <walterblock@business.loyno.edu> wrote:


I do root for Trump to become a Rothbardian.

If I had to, I’d root for an interest rate of 5%. That’s my best estimate of what it would be without the fed, without govt interferences.

Walter E. Block, Ph.D.
Harold E. Wirth Eminent Scholar Endowed Chair and Professor of Economics
Joseph A. Butt, S.J. College of Business                  
Loyola University New Orleans

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From Robert Wenzel <rw@economicpolicyjournal.com>
Sep 9)

to Walter, Michael


I'm rooting for Hillary to become Misesian.

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Robert Wenzel
Editor & Publisher
EconomicPolicyJournal.com
San Francisco, CA
Follow me on Twitter

3 comments:

  1. I'm rooting for Libertarians for Trump to disband immediately.

    ReplyDelete
  2. I'm rooting for Rothbardians to become Misesians. Anarchy would be faction wars.

    ReplyDelete
  3. I'm rooting for Trump to wear a dress, and Hillary to wear a pants suit. Oh, oops. Never mind.

    ReplyDelete