Austrian economics doesn’t have to be complicated

posted by
September 27, 2011
Adam Smith Institute
by Henry Oliver  
Posted in Commentary

"When presented with quotes by George Osborne and Vince Cable [from] 2009 that printing money was the last resort of desperate governments and 'Mugabe economics' Danny Alexander laughed it off. This is because people don’t really understand economics -- they see the headline figures, they associate recessions with whoever is in government; but as Ron Paul recently said, 'A lot of people just flat out don’t understand what I’m talking about.' But the Austrian explanation doesn’t have to be complicated." (09/27/11)

http://tinyurl.com/6kdplnr  

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