The first thing to understand about the “Austrian School” is that it doesn’t exist. What Hayek, von Mises and others put forward is not Austrian at all; it is imperial British Economics, specifically the economics of the 19th century British Empire.
Read along here, https://www.larouchepac.com/it_s_time_to_learn_real_american_economics_part_2
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The first thing to understand about the “Austrian School” is that it doesn’t exist. What Hayek, von Mises and others put forward is not Austrian at all; it is imperial British Economics, specifically the economics of the 19th century British Empire.
Read along here, https://www.larouchepac.com/it_s_time_to_learn_real_american_economics_part_2
Part 3 — Hayek’s Constitution of Liberty: The Worship of Oligarchical Culture
Promethean Action
24 minutes 49 seconds
3 years ago
Part 3 — Hayek’s Constitution of Liberty: The Worship of Oligarchical Culture
In this installment of the Hillsdale/Hayek series, my intention was to report on Hayek’s magnum opus, The Constitution of Liberty. I must begin, however, by claiming that I, Robert Ingraham, deserve some form of literary Purple Heart for having subjected myself to such a mind-damaging experience. The book is excruciatingly boring, shallow, and repetitive beyond belief. Written fifteen years after the Road to Serfdom, the Constitution contains nothing new whatsoever; only the same catchphrases and slogans, but now drawn out to an interminable 571 pages.
Read along here, https://www.larouchepac.com/it_s_time_to_learn_real_american_economics_part_3
Promethean Action
The first thing to understand about the “Austrian School” is that it doesn’t exist. What Hayek, von Mises and others put forward is not Austrian at all; it is imperial British Economics, specifically the economics of the 19th century British Empire.
Read along here, https://www.larouchepac.com/it_s_time_to_learn_real_american_economics_part_2
