Wednesday, September 30, 2009

An Austrian Critique of Hyperwage Theory: An Introduction

I chose to read, though not as thoroughly, the book Hyperwage Theory by a certain Thads Bentulan. (By the way, you can download a copy here: http://hyperwage.googlepages.com/Hyperwage-Theory-Compilation-Complet.pdf )

 

I first heard of the concept of hyperwage thanks to the Tax Planning Module of the RFP Program. I was quite entertained with the way Ms. Bigay delivered her lecture. But I felt something amiss. But I chose to dismiss it for the following months. But now, after having read the book, I find it lacking in merit, especially when viewed in light of Austrian Economics.

 

There are lapses of logic in the author's book. The only thing I could find consistent is his misrepresentations. Now, to be fair, I will read and reread this book for deeper analysis. 

I cannot and will not make a single post about it. The topics covered by hyperwage and the implications are wide. Hence, I have to institute this series. I cannot say that I can publish my findings on a regular basis. But I will try to post as soon as possible.

Posted via web from Elevic Pernis @ Posterous

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