Saturday, February 21, 2009

Bastion of Capitalism turns its back on the Free Market

This article from the alma mater proves that the Austrian School is the last hold-out of the free market. This entire generation of academics has been bottle-fed on Keynesian economics. Their entire career has been invested in this economic rabbit trail. Unfortunately, the cognitive dissonance that would result from seeing the light is enough to keep them from ever having a "Road-to-Damascus" moment. Hopefully, this next generation will pick up the slack.

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