Friday, February 5, 2010

Keynesian Predictions vs. American History

The video version of Tom Woods talk at the Mises Circle in Houston that he gave on January 23, 2010 is out. If you are trying to understand the difference between Keynesian economics and Austrian economics this video is a must see. Woods is quite simply one of the best at making Austrian economics understandable. And if you already have Austrian economics down, the video is a must see as Woods details the incredible forecasting errors of Paul Samuelson, Arthur Okun and Paul Krugman.

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