"Whatever crushes individuality is despotism, no matter what name it is called." ~ John Stuart Mill
Keynesian Predictions Vs. American History
Submitted by Michael Dunn on Wed, 2012-01-25 01:00
Video from the Mises Circle in Houston.
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Austrian predictions vs. American history is also as sadly revealing of just how poorly both sides of this religio-economic debate understand reality.
The Austrian vs. Keynesian debate is as compelling as the debate of Calvinism vs. Arminianism, because both sides hold essentially the same false premises.