Tag Archives: Chicago school

The Perversion of Monetarism

The monetarist school of thought has evolved within this last century and a half from holding “right-wing” Jacobin-styled (neocon/Knightian) egalitarian goals, to then pursing libertarian means, and has since been perverted back to simpleton “conservatism;” inasmuch as “conservatism” means (to your average person) holding the beliefs of mild center-leftism plus hardcore corporatism, which basically just […]

Ludwig Lachmann’s Psychedelic Solitaire, Part Two

The way I left off in part one of this article was by mentioning the various problems facing both the solitaire player and the entrepreneur. However, “the entrepreneur” is better stated, psychologically and practically, as an individual acting in an entrepreneurial manner, or an individual employing entrepreneurial tools, or an individual fulfilling entrepreneurial functions, considering […]

stockman as an austrian friedman

david stockman is a genius. he integrates stock analysis, fiscal policy, capital theory, macro theory, and monetary theory into every conversation you hear with him. stockman is essentially the austrian version of m. friedman: please oh god, don’t let this insanely debt-wrought and volatility-prone government-controlled economy kill us (or the government itself kill us, a […]