For those of you unaware of the Ludwig von Mises Institute, or Mises economic theory, I highly recommend you go to their website, which has a library, and doing some reading. In a nutshell, you might call Mises economic theory "reality-based", versus theory-based. It's been beating the flawed Keynesian model to pieces in predicting the economy's next steps.
THE_CSM sent me this, and I thought I'd bring it to the attention of our readers.
"The Road to Serfdom" by Friedrich A Hayek... handily portrayed in cartoon form.
-()4|<.
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1 comment:
Excellent series of cartoons!
Unfortunately, there are some scary similarities between then and now.
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