von Mises, Keynes, and Where We Stand Today

Mark Spitznagel's op-ed in The Weekend Journal on Ludwig von Mises' "Theorie des Geldes und der Umlaufsmittel" ("The Theory of Money and Credit") is well worth a read.

But so is Don Boudreaux's letter to the editor concerning the article, which points out that Keynes' rejection of the work was not "based... on anything as lofty as informed disagreement; it was based instead on incomprehension."

No comments:

Post a Comment