Mises Shakes the World!

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The Daily Bell on Mises Shakes the World

Free-Market Analysis: We are returning to the “Spreading Hayek, Spurning Keynes” Wall Street Journal article to answer the question that Ryan McMaken asks in his fine article at LewRockwell.com (and then answers judiciously as well). We are returning as well because this is an incredibly important issue from our point of view as a periodical that analyzes power-elite dominant social themes from a free market perspective. We do have a slightly different take on the answer; in fact we feel, collectively, a tad passionate about the article from a libertarian standpoint.

The question, again: Why did the Wall Street Journal write an article about the history of Austrian finance without mentioning the Mises Institute or Lew Rockwell? Our answer to the question is not so eloquent as Mr. McMaken’s but is almost as heartfelt. Our answer would be that “people who are interested in freedom should care very much about this article and the surrounding debate.” Why? Because we think the Austrian economic movement is one of the longest-lived and most important intellectual and ideological conversations in history. And whatever misrepresents it is of similar import, especially if it represents a larger trend…

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