Ludwig von Mises in de wereldpers PDF  | Afdrukken |  E-mailadres
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woensdag, 11 november 2009 08:41
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Uit de Wall Street Journal, The Man Who Predicted the Depression:

Ludwig von Mises was snubbed by economists world-wide as he warned of a credit crisis in the 1920s. We ignore the great Austrian at our peril today. (...)

How curious it is that the guy who wrote the script depicting our never ending story of government-induced credit expansion, inflation and collapse has remained so persistently forgotten. Must we sit through yet another performance of this tragic tale?

En Reuters, "For 'New Economics', Look to Old Economics"

When it comes to managing the business cycle, mainstream economics have failed rather spectacularly, their prescriptions leading to increasingly violent bubbles and busts. For this reason there have been calls for a “new economics.” To get there, perhaps we just need to rediscover forgotten economists like Hyman Minsky and Ludwig von Mises.