"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Austrian Economics: Ahead of its Time?
Submitted by Westernerd on Thu, 2012-11-15 04:00
If we think a little about the different approaches to science (or economics), Mises, Hayek and the gang were way ahead of the game. But variations on Keynesian economics and neoclassical economics seem hopelessly mired in 20th century thinking.
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