Mises Wire

Laidler: The Austrians were right

Laidler: The Austrians were right

Retired Canadian economist David Laidler is interviewed by Russ Roberts on EconTalk. It is a wide ranging interview where monetarism and the financial crisis are discussed. Laidler at several points, including around the 20 minute mark says that it was the Austrians who got it right in both 1929 and 2005 and the monetarists just missed it both times. He even admits that he can say such things because he is retired and doesn’t have to face the wrath of journal editors for his remarks.

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