Other Schools of Thought
The Bankers’ Cartel
If Rothbard is correct, the entire basis of modern deposit banking, the fractional-reserve system, is a type of counterfeiting that must be abolished.
The Prehistory of Modern Economic Thought: The Aristotle in Austrian Theory
Brad DeLong’s Erroneous Defense of Greenspan
No matter how you slice it, the former Maestro spawned housing, commodity, and stock booms with his reckless policies.
Socialized Healthcare vs. The Laws of Economics
In the UK as well — thanks to nationalization, price controls, and government rationing of healthcare — thousands of people die needlessly every year because of shortages of kidney dialysis machines, pediatric intensive care units, pacemakers, and even x-ray machines. This is America's future, if "ObamaCare" becomes a reality.
Keynesians Can’t Predict
Insufficiently educated in the history of economic thought, they do not realize that Keynesianism — down to the most technical details, like the concept of the foreign exchange multiplier — is mercantilism or, more precisely, John Lawism pure and simple.
Ben Bernanke Was Incredibly, Uncannily Wrong
Within the space of days, we've been provided, courtesy of the Fed itself, with footage that perfectly distills the complete failure of Fed forecasting and planning, and audio that encapsulates splendidly the only thing that the Fed actually accomplishes: the destruction of money.