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To: MontaniSemperLiberi
Some economists understand very well what's going on. They all tend to be of the Austrian School. They are the only economics school which understands that all of our economic problems are caused by government interference in the market and central banks' printing of money.

Of course, they are completely ignored by the government, mainstream academics and the spoon-fed press.

3 posted on 09/12/2011 6:05:48 AM PDT by BfloGuy (Keynesians take the stand that the best way to sober up is more booze.)
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To: BfloGuy

I have not heard of the Austrian school of economics. Do you have a URL or a pointer where I can get a good overview?


4 posted on 09/12/2011 6:42:27 AM PDT by taxcontrol
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To: BfloGuy

This review mentions the Keynesian’s inability to explain the 1921 depression recovery but it has more of a historical focus than today’s current economists.

What I found interesting was that Uncle Milty did not believe in a gold standard and instead an active, if slow, expansion of paper money. Maybe others here already knew this but I didn’t.


5 posted on 09/12/2011 2:28:47 PM PDT by MontaniSemperLiberi (Moutaineers are Always Free)
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