What an amazing time of hope

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charlespm's picture
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Joined: Aug 13 2008
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What an amazing time of hope

What an amazing time of hope and paradigm change we are living in. More and more economists realize the evilness of (k)eynesian economics and begin to embrace the Austrian Theory of the Business Cycle (ATBC). I'm a college professor of economics, in Peru, and let me tell you, all those college textbooks that were required reading (e.g. Samuelson, Dornbusch to name just a few) are in a place they should always have been—the waste basket. By the way, one of the most respected American economists, Paul Kasriel, has just embraced the ATBC and has nothing good to say about the hideous FED. Best to you, Chris. God bless Ludwig von Mises, the greatest economist of the 20th century.

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