Something good to read

We all need this

Having already read What Has The Government Done To Our Money?, The Mystery of Banking, and Early Speculative Bubbles and Increases in the Supply of Money, the aspiring student of Austrian Economics will have a clear idea as to why the finances of the western world are in such a calamitous state.

However, we now need to step up a gear. Having absorbed the lessons of why Keynesianism delivered the West into the arms of financial armageddon, we must get onto the front foot to start taking the fight towards the enemy.

The problem with this change of tack is that the economics profession is thoroughly riddled with Keynesianism. As you march grimly forward through the detritus of economic debate, with a Sturmgewehr 90 assault rifle and fixed bayonet gripped firmly in your hand, thousands of blind Keynesian moles will leap up from deep dark holes in the mud to bite your ankles.

I do enjoy the imagery.

Found @ Samizdata

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One Response to Something good to read

  1. guy says:

    Heh, on a related note:
    On the back cover of my 1969 edition of Hayek’s “Road to Serfdom:”

    “In my opinion it is a grand book…. Morally and philosophically I find myself in agreement with virtually the whole of it; and not only in agreement with it, but deeply moved agreement.” –John Maynard Keynes

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