austrian

Two schools of economic thought battle to become public policy all around the world. Austrian economist believe in free markets and small government; that the market can regulate itself and government interference leads to inefficiency and waste. Keynesians believe in big government and planned...

http://mises.org/quiz.aspx I scored as a socialist with Keynesian tendencies. Not the best descriptions of each position and the scoring method could use some work but not a bad test.

I was surprised to see this piece on WSJ this morning, but it really shows how far the Austrian school has come in recent years in terms of growth and acceptability and how it continues to further itself in those regards. As someone who does respect the school and thinks it would do us all good...

This is an excellent speech made by Peter Schiff (for those of you who don't know him he is lauded for predicting the housing crisis before it happened) at the Austrian Scholars Conference. He talks about the current crisis and why President Obama and Bernanke are doing the same thing that Bush...