Check out this wonderful review of Woods’s Meltdown:
Meltdown is in many ways an extraordinary achievement. He has digested complex theory and a whole range of recent history and presented the single best analysis of the current recession out there. It is a terrific example of using Austrian economics and free-market thinking to analyze the real world-and doing it in a way that is highly accessible to the general reader.
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At first I thought you wrote “HOROWITZ on Woods” — I was gonna be like “Uh, oh……”
I only clicked on this link because I thought it would be about that buffoon David Horowitz.Guess I should be a little more careful with my reading. Anyway,I bet Woods’ response would have been pretty funny.Maybe next time.
I have often detected some rancor between the Mises Institute Austrians and the GMU Austrians. While I didn’t expect much rancor in a published review, I thought Horwitz was very fair minded. Although there are policy differences between the two camps, Horwitz shows that it’s not so hard to get along — even in statist world of creeping fascism.
In the continued interest of fairness, it should also be pointed out that Steve himiself has written an excellent paper recently outlining an Austrian analysis of the crisis (it’s online, but I don’t have the link handy).
The paper in question can be found here.
Steve, that link doesn’t work; here’s the link to the version I’m familiar with:
http://www.mercatus.org/uploadedFiles/Mercatus/Publications/WP0923_The%20Microeconomic%20Foundations%20of%20Macroeconomic%20Disorder.pdf
Hmmm, not sure why that link was a fail. But yes, that’s the paper.
Yeah, I know David Horowitz doesn’t like a lot of what Lew Rockwell said about the Iraq war. I suspect he might agree with a lot of Meltdown, hard to say.
Here’s a challenge. Buy a few copies to hand out as people emerge doe-eyed from the latest Moore film.
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