5 ms·
"Like many libertarian leaning people I used to be a fan of "Austrian" type economics. ...I now think that Keynes was at least largely correct in the essentials
by jayalpha 8y ago
"Like many libertarian leaning people I used to be a fan of "Austrian" type economics. ...I now think that Keynes was at least largely correct in the essentials."
Welcome in the club. Mises is great. Everything sounds very logical, written from a guy who never worked one day in a free market enterprise. Mises never understood a capitalist market economy and the money and debt that drives it. He basically describes a middle-ages, barter free market economy.