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The failure of interventionism : Comments
By Justin Jefferson, published 30/4/2009Governments are no more capable of managing the money supply than they are of managing the economy as a whole.
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Posted by Rechts, Wednesday, 6 May 2009 10:49:43 PM
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I'm surprised the Keynesian lefties haven't attacked it yet.
Probably due to the fact that the Austrian school is based on logic and reality, not fluffy ideology and lies.
That or they didn't understand it.
It's high time more people read Mises, Rothbard, Hayek etc., especially those on both sides of government.
Plenty of free to download books at mises.org people. You don't have to live in ignorance.
It would be a tall order though, since they all rely 100% on academic advisers, who's only economic experience comes from what their Keynesian lecturers, who've never lived in the real world, taught them at Uni. The blind leading the blind.
If they did they would know the path we're on, is identical to that which caused the great depression.
Yet Rudd & Obama would have us believe ratbags like Roosevelt did the right thing in their day. Rubbish!
A moron can see they're only interest is in winning the next election.
Down with all government intervention, and not just financial!