Mises Wire

Good Rothbard Quote

Good Rothbard Quote

apropos nothing: from here:

"There is a myth that all Austrians are generalists. General instincts are fine, but they are not enough to sustain a school. A body of thought stands or falls on its practitioners ability to master the technical issues in particular fields. It's what distinguishes dilettantes, hobbyists, and amateur philosophers from engaged economists. I have little patience for people who want to reconstruct Austrian economics from the ground up, but then can't explain, in praxeological terms, the law of demand, much less give an account of the regression theorem."

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