Mises Given His Due in the Wall Street Journal

[Lilburne]

The Man Who Predicted the Depression

“Ludwig von Mises was snubbed by economists world-wide as he warned of a credit crisis in the 1920s. We ignore the great Austrian at our peril today.”

[Esuric]

Awesome article. Thanks.

[Tukaram]

Cool article. Now we wonder does anyone listen to Mark Spitznagel? [:)]

[Lilburne]

What’s key is that a lot of important people read the Wall Street Journal. [:)]

[Thedesolateone]

Lots of people read wikipedia

@Wikipedia

Austrian School

In a November 7, 2009 Wall Street Journal Op-Ed piece, Spitznagel extolled the views of Austrian economist Ludwig von Mises against government-induced inflationary credit expansion, and criticized those of John Maynard Keynes (and Greenspan et al.). “Government expansion of credit [Spitznagel’s term is ‘credit gavage’] takes a system otherwise capable of adjustment and resilience and transforms it into…a brittle one.”^[17]

Hmm, I wonder if that was one of us?

[Laughing_Man]

@Thedesolateone

Lots of people read wikipedia

@Wikipedia

Austrian School

In a November 7, 2009 Wall Street Journal Op-Ed piece, Spitznagel extolled the views of Austrian economist Ludwig von Mises against government-induced inflationary credit expansion, and criticized those of John Maynard Keynes (and Greenspan et al.). “Government expansion of credit [Spitznagel’s term is ‘credit gavage’] takes a system otherwise capable of adjustment and resilience and transforms it into…a brittle one.”^[17]

Hmm, I wonder if that was one of us?

People and their crazy wikipedias.

[Saan]

It’s funny. I work with an economics student. I gave her a copy of liberalism about a year ago. I saw her reading it the day the article hit. She dismissed him as a nut. Looks she never actually read the book.