Ludwig von Mises is pretty scathing about the current mainstream of economics too. It is even worse now than when he wrote his books.
Ludwig von Mises is pretty scathing about the current mainstream of economics too. It is even worse now than when he wrote his books.
There are a lot of people questioning that what has been taught to us as economics. And I think that is a healthy developement.
His books describe fixed exchange rate regimes. Most English speakers live in countries with floating exchange rate regimes, which often behave in the opposite manner.