Presidential Candidate Ron Paul said that during his speech after the Iowa Caucus was finished. But what does it mean?
He was speaking about Austrian Economics, taught only at the Mises Institute that I know of. And one of the experts is Thomas E. Woods and this link here is to his Learn Austrian Economics page filled with recommended reading and videos. Along with this articles at the Library of Economics and Liberty here.
I’m still studying this, but it makes sense to me.
Tomorrow we visit its counter-point, Keynesian Economics.
- Paul Krugman Exposed by An Austrian Economist (economicnoise.com)