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  • Is it Time for a Resurgence of the Austrian School of Economics?

    06/19/2010 2:52:00 PM PDT · by nickcarraway · 16 replies · 257+ views
    PBS ^ | Rick Schmid
    Question: Hello Paul! Do you ever plan to present the ideas of economists that adhere to the Austrian School of Economics (Students of Von Hayek or Von Mises)? Their understanding of the nature and causes of the business cyle enabled them to foresee much of what has happened in the last few years. (Peter Schiff and Marc Faber are successful examples.) Thanks for your friendly commentary!Paul Solman: Yes, the resurgence of the Austrian School is worth a look, and was suggested to me by none other than Robert MacNeil a few weeks ago after Rand Paul's victory in Kentucky. Look...