Friday, May 02, 2008 8:35:59 PM
They've got a lot to learn:
I can assure you this book is not in their library. Here is a guy who knows the basics of what is right is right and what is wrong is wrong. The bankster's of the time and powers that be had him blackballed.
Ludwig von Mises (1881-1973)
by Murray N. Rothbard
http://www.mises.org/about/3248
Mises, and his follower Hayek, developed this cycle theory during the 192Os, on the basis of which Mises was able to warn an unheeding world that the widely trumpeted “New Era” of permanent prosperity of the 192Os was a sham, and that its inevitable result would be bank panic and depression. When Hayek was invited to teach at the London School of Economics in 1931 by an influential former student at Mises’s private seminar, Lionel Robbins, Hayek was able to convert most of the younger English economists to this perspective. On a collision course with John Maynard Keynes and his disciples at Cambridge, Hayek demolished Keynes’s Treatise on Money, but lost the battle and most of his followers to the tidal wave of the Keynesian Revolution that swept the economic world after the publication of Keynes’s General Theory in 1936.
I can assure you this book is not in their library. Here is a guy who knows the basics of what is right is right and what is wrong is wrong. The bankster's of the time and powers that be had him blackballed.
Ludwig von Mises (1881-1973)
by Murray N. Rothbard
http://www.mises.org/about/3248
Mises, and his follower Hayek, developed this cycle theory during the 192Os, on the basis of which Mises was able to warn an unheeding world that the widely trumpeted “New Era” of permanent prosperity of the 192Os was a sham, and that its inevitable result would be bank panic and depression. When Hayek was invited to teach at the London School of Economics in 1931 by an influential former student at Mises’s private seminar, Lionel Robbins, Hayek was able to convert most of the younger English economists to this perspective. On a collision course with John Maynard Keynes and his disciples at Cambridge, Hayek demolished Keynes’s Treatise on Money, but lost the battle and most of his followers to the tidal wave of the Keynesian Revolution that swept the economic world after the publication of Keynes’s General Theory in 1936.
Beware Bull's Ready to Run - Before investing $ do your own dd. All posts are my opinion.
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