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Harvard has a skewed view of Capitalism and Free Markets

mises.org — This article serves as a great reminder that the Keynesians failed to predict our current situation (and others through our history), while the Austrians have been spot on. The single greatest "regulation" we have is that of our money, and it can be directly tied each economic bust since the Federal Reserve's inception.

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  • Kent4jmj, on 03/17/2009, -0/+4"People who believe in the market economy support a social order in which free individuals make voluntary contracts with each other, and no one can initiate physical force against anyone else. Is that vision so obviously unattractive that we have to refer its supporters for psychological evaluation?"
    You do if you want to take a cheap shot at your opponent.
  • vshagoyan, on 03/18/2009, -0/+2gotta love tom woods.
  • soliberating, on 06/30/2009, -0/+1People get to act in their own interests rather than in the interests of routinely corrupted federal authorities? That's crazy.
  • beerbloke, on 03/17/2009, -0/+1Supporters of Capitalism are Crazy!!!

    /s
  • sonofthebrave, on 03/23/2009, -0/+1What is amazing is that universities such as Harvard continue to believe in failures like Keynesian economics, socialism, Marxism, fascism, and any other form of collectivism that smothers liberty, individualism and prosperity for all. The only moral economic system in the world is Capitalism as it respects the property rights of the individual and rewards the industrious person.

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