"But, when a long train of abuses and usurpations, pursuing invariably the same object, evinces a design to reduce them under absolute despotism, it is their right, it is their duty, to throw off such government, and to provide new guards for their future security." ~ Declaration of Independence
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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