Saturday, September 5, 2015

Armentano: The Current Level of Economic Understanding is Stunningly Low

As a follow up to my post, The State of Economics Understanding, According to Thomas Sowell, Dom Armentano emails:
Bob,
My take is similar to Sowell.
All the best,
Dom.

2 comments:

  1. Great article.

    I wish Karen DeCoster would run for mayor.

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  2. It starts with the Keynesian empiricists. Bad economics is worse than knowing nothing.

    I think the Austrian school is plagued by Rothbardian anarchism and Hayekian empiricism, but I think between Mises and Hazlitt it has what we need.

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