Posted on 30 October 2012. Tags: Austrian Economics, Keynes
Austrian Economics is the oldest continuous school of economic thought. Founded in 1870, its roots date back to the early 18th century. It is thus the oldest, smallest, and, thanks to the economic crisis of the past few years, the fastest-growing school of economic thought. While Keynesian economists use a complicated series of methods (i.e. […]
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Posted in Austrian Economics
Posted on 29 October 2012. Tags: Economic History, Hayek, Karl Marx, Keynes
Title: Masters of Money – Keynes, Hayek and Marx Director: BBC Year: 2012 BBC economics editor Stephanie Flanders examines how three extraordinary thinkers, Keynes, Hayek and Marx, helped shape the 20th century. Episode 1 – John Maynard Keynes. This episode is based on the philosophies of our current mainstream economic though. Let the government intervene and […]
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Posted in Austrian Economics