Mises Daily
Author:
William L. Anderson
Online Publish Date:
While Austrians and Keynesians don’t agree on a lot of things, there is one thing on which they both seem to agree: the US economy is sinking into the morass of depression. At that point, however, the agreement ends, as the two schools have very different explanations as to why this is happening. The Keynesians, through Paul Krugman and his New