Got The Keynesian Tiger By The Tail!

What a great title and what a timely publication! This is especially true since the media has allowed Hayek’s contributions to receive praise. (They don’t dare open the flood gates by suggesting that Ludwig von Mises was the greatest economist of the twentieth century.)

As usual we are all greatly indebted to the Mises Institute.

Now the demolition of Keynes will be complete. It is true that it was an error on Hayek’s part not to demolish the ‘General Theory’ when it came out. But that error has now been corrected!

Rest in peace, Fredrich von Hayek!

Hayek’s Tiger by the Tail, along with Buchanan and Wagner’s Democracy in Deficit, pretty much are required reading for understanding the terrible policy path we are currently on. The governmental proclivity under unconstrained democracy is for deficits, debt and debasement.

I am thrilled you guys have this book available again for readers.

Congratulations.

Pete

When the dollar collapses there will be tremendous economic and social pain. Hopefully, instead of collapse we will “only” experience 1981 interest rates along with high unemployment. Severe stagflation is preferable to total economic collapse.

Voters can help by selling all US government securities and electing new politicians who will balance the budget. Government can mitigate inflation and strengthen the banks by forcing them to hold dollars and treasury securities. Eliminate fractional reserve banking.