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
“Come One. Come All. It’s the ‘Thrilla in Manilla’. It’s the great Ali vs. Frazier rivalry. Get your tickets today!”
This is how the imaginary rivalry between Friedrich Hayek and John Maynard Keynes has been popularized,—sort of as a Battle of the Titans, only now in the economic arena. But unlike the real Ali and Frazier, who bloodied each other unmercifully, this is a delusory myth designed for the credulous. The only blood that will be spilt will come from the victims of British imperial economics.
Read along here, https://www.larouchepac.com/it_s_time_to_learn_real_american_economics_part_4
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
