Friday, March 12, 2010

 

Why Supply-Siders Needs to Learn Austrian Business Cycle Theory

Case in point.

# posted by Bob Murphy @ 1:17 PM


Comments:
Hi, I'm a libertarian and I'm having trouble explaining to my conservative friend, who loves supplyside/trickle-down economics, the austrian criticism in layman terms. I'm aware of the mises.org articles available online but I'm trying to find something more simple.

I'm also trying to find an argument that it really is a keynesian tool.
# posted by Anonymous Confused : March 12, 2010 at 4:36 PM
 
Well it would be pretty simple to wait for the crash and then bring up this Kudlow article... (In fairness there are plenty of other supply-siders who think we're dead in the water.)
# posted by Blogger Bob Murphy : March 13, 2010 at 9:38 AM
 
This comment has been removed by a blog administrator.
# posted by Anonymous chi hair straightener : March 14, 2010 at 11:36 PM
 
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