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Source link: http://blog.mises.org/18238/austrian-economics-why-it-matters/

Austrian Economics: Why It Matters

August 28, 2011 by

Before speaking at West Liberty University in West Virginia not long ago, I appeared on a local financial program and had a chance to talk about the significance of the Austrian School, particularly in light of our present situation. Fairly basic stuff for readers of this blog, I know, but here it is all the same:

{ 9 comments }

David Farrer August 28, 2011 at 3:46 pm

Austrian economics mentioned favourably at the Edinburgh Festival on Friday.

Capn Mike August 28, 2011 at 6:21 pm

Nice synopsis. I forwarded it to my 16 year old.

Dave Albin August 28, 2011 at 9:45 pm

This is great. This is the kind of stuff that gets people to listen.

ytswcdt August 28, 2011 at 10:18 pm

http://www.hpurl.com/2221 Looks good! I recommend here!

terrymac August 29, 2011 at 4:28 am

Tom, I love your speeches and writings, but I have to say, this particular interview was far more about the history of these fascinating economists than about their economic ideas.

Kevin Schmidt August 29, 2011 at 2:44 pm

What track record? The Austrians have been discredited for over 50 years. Nothing has changed. They’re still wrong.

Thomas E. Woods August 29, 2011 at 2:50 pm

Ah, another pro-Fed “progressive,” who probably thinks Mises=Hayek=Friedman=Gramm=Kemp=Boehner=Cantor=Perry.

El Tonno August 29, 2011 at 3:00 pm

Nah, considering the link embedded in the title it’s just another spambot.

But Lord, let us have our daily dose of facepalm.

3 Reality-Based Charts Your Right-Wing Relatives Will Have a Hard Time Ignoring

Conclusion: THE STIMULUS WORKED BUT WAS NOT ENOUGH!

More False Things

These are just three of the false things that everyone “knows.” Some others are (click through): Obama bailed out the banks, businesses will hire if they get tax cuts, health care reform cost $1 trillion, Social Security is a Ponzi Scheme or is “going broke”, government spending “takes money out of the economy.”

Mmmookidoo..

Nate August 29, 2011 at 11:34 pm

You’re a very persuasive speaker. Your definition of libertarianism was short, sweet, and absolutely perfect. Who could disagree with non-agression?

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