The power of III

Summum ius summa iniuria--More law, less justice

25 November 2010

Austrian Economists appearing on MSM -- in a positive light!

 ...A sign of the apocalypse?

"We may all be Austrians now.
Not since the New Deal has Austrian economics enjoyed the political popularity it does now. Austrian economists are awfully popular with the Republican Party, especially its Tea Party wing. Peter Schiff, the Austrian economics-inflected investment advisor, is a very popular guest on business television. Tom Woods' book “Meltdown”—which provided an Austrian economics explanation for the financial crisis—was a best seller. Congressman Ron Paul and Senator-elect Rand Paul are both devotees."

Nice essay on CNBC about Austrian Economics.  Worthwhile summary at an unexpected source.

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