Thread: WSJ: Mises Predicted the Depression

( By Mark Spitznagel | Wall Street Journal November 6, 2009 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. Mises's ideas on business cycles were spelled out in his 1912 tome "Theorie des Geldes und der Umlaufsmittel" \("The Theory of Money and Credit"\). Not surprisingly few people noticed, as it was published only in...

this can't be in the MSM, I must be dreaming.

Great to see Mises get some MSM coverage.. ------- http://www.RebootTheRepub...

for front page

even a bugman can understand it. Must read. -------- We don't know how to mind our own business 'Cause the whole worlds got to be just like us Now we are fighting a war over there No matter who's the winner We can't pay the cost 'Cause there's a monster on the loose

"Doing nothing is almost always an option and is very often the best option." Daniel Hannan

Ideas have Consequences

and so glad to see it in the WSJ!

cant believe that was in WSJ. AWESOME!!!

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