Austrian School

Archive for Austrian School

My Response to Krugman on Mises on the Great Depression

My latest post at Mises Canada. The intro: Paul Krugman recently piggybacked upon a critique of Mises’ views on the Great Depression. There’s really nothing new in Krugman’s post, but as an ardent Misesian with a book on the Great Depression and a public vendetta against Krugman…I am pretty much contractually obligated to write a response. Incidentally, I’ll […]

The Austrian School (and Rothbardians in Particular): The Only Consistent Anti-Interventionists

In the blogosphere’s discussion to the Krugman-Barro flap–which soon enough engulfed Russ Roberts and me–Scott Sumner has (partially) defended Krugman. Sumner too is frustrated with modern conservatives who reject Obama’s fiscal “stimulus” packages, yet do so with rhetoric that would also throw out the need for Fed monetary stimulus. I agree entirely with Scott when […]

My Presentation on Austrian Economics at “Save Long Island” Forum

This was truly a great event; I learned a lot from the other speakers. Here was what I told the crowd: P.S. I also debated “The Money Masters” man, Bill Still, the day before the above talk. I will post on that separately.

Memorial Video for the “Night of Clarity” 2013

Matt Harris (with help from wife Pacey) put together this excellent memorial of the event Carlos Lara and I hosted last summer in downtown Nashville. Stay tuned for the NOC 2014!

Krugman Unwittingly Confirms Scott Sumner’s Whole Point

[UPDATE below.] Free Advice readers know that if i’m Batman, then Paul Krugman is the Joker while Scott Sumner is the Riddler. (Now that I re-read that sentence, it turned out even cooler than I had imagined when I started typing it.) So this raises the question: What if Krugman ever directly attacks Sumner? Which […]

Keynesians Wrong on Sequester Just Like Stimulus

My latest post on Mises Canada. The money part: For example, in February 2013 Paul Krugman wrote a piece titled “Sequester of Fools,” in which he referred to the “fiscal doomsday machine” that was being unleashed upon the nation. He claimed that the sequester would cost 700,000 jobs, and justified this number by linking to a Macroeconomic […]

But the Progressives Told Us Abenomics Would Be Good for Japan

Chris S. gave me the idea for my latest post at Mises Canada, by pointing out that Japan’s Cabinet just approved another “stimulus” package to help its faltering economic recovery. Chris reminded me that earlier in the year Krugman had held up Japan’s “Abenomics” as a model for US deficit hawks to follow. As I […]

Is UPS Just as Bad as Healthcare.gov?

My latest at Mises Canada. An excerpt: Paul Krugman is no stranger to silly statements that come back to haunt him, but it has been particularly amusing to watch him twist and turn with the debacles of Healthcare.gov, the website devoted to “ObamaCare.” Krugman’s latest analogy is nothing short of hilarious, but first let’s review […]