Philip Bagus: “The Myth of Austerity”

No comments

I recommend a read through this post on the myth of austerity in Europe by Philip Bagus, a professor at Rey Juan Carlos University in Spain:

http://mises.org/daily/6289/The-Myth-of-Austerity

It is a lucid restating of the classic Austrian argument against artificial interventions in recessionary market clearing mechanisms.

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s