[Moonman62]

The Austrians are liquidationists, who believe that austerity and human misery are the cure. The only reason the Austrians look good now is because of The Rove Administration's gawdawful demand management policies, and tolerance of burdensome regulations.

[Deuce]

The Austrians are liquidationists, who believe that austerity and human misery are the cure.

You first have to recognize the disease: the initial "high" that the credit bubble induced. While others are figuring out whether to shoot up between the toes or in the arm, the Austrians explain the obvious: cold turkey withdrawal is the only cure for heroin addiction. The so-called "cures" recommended by others seek to prolong the addiction.