There is an extraordinary piece on The Daily Bell, perhaps the best their elves have published in several months, on why the Austrian School is sweeping the Internet. Take a look.
Here’s my favourite quote:
“The reason that Austrian economics has swept the blogosphere is because it is the only school that tells the truth about the world. Most people in this world are apparently damaged in childhood and grow up wanting to control other people. Going into politics and writing laws is a good way to do this. Austrian economics confronts these damaged people – who compensate for the lacunae in their own souls by attempting to control others – with the truth about their behavior. It is hard to tolerate exposure and powerbrokers often react petulantly to economic truths by attacking the messenger. This is why Austrian economics, as it grows ever more popular, is increasingly being attacked by low-level supporters of Anglosphere elite policies.”