August 2014

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Pete,

I salute you for taking a stand and providing some Austrian leadership. This post is what all "policy briefs" ought to be.

Forwarding this post to everyone I know! This stuff is too important to be taken lightly.

Great post, Pete!

People are mad as hell about the bailout. We Austrians need to do all we can to make it *informed* anger, so that it gets put to good. use.

Peter,

Here's what President Bush had to say to you--

"I don't care what somebody on some college campus says."

Source: Washington Post

I have reservations about your arguments - your economic principles may be plausible but the political economy is suspect.

You appear to have missed Adam Smith's approach to such problems, bearing in mind the did not have comparable experience of an economy-wide, and certainly not a global-wide, crisis.

My longer comments are posted on www.adamsmithslostlegacy.com

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