Other Schools of Thought

From An Austrian Perspective on the History of Economic Thought, Volume I. Pages 164-175 in the text. Narrated by Jeff Riggenbach.

From An Austrian Perspective on the History of Economic Thought, Volume I. Pages 81-95 in the text. Narrated by Jeff Riggenbach.

From An Austrian Perspective on the History of Economic Thought, Volume I. Pages 3-10 in the text. Narrated by Jeff Riggenbach.

From An Austrian Perspective on the History of Economic Thought, Volume I. Pages 135-150 in the text. Narrated by Jeff Riggenbach.

From An Austrian Perspective on the History of Economic Thought, Volume I. Pages 47-64 in the text. Narrated by Jeff Riggenbach.

In general, moreover, Keynesian proposals for "compensatory" policies follow Marxian socialism in seeking to force individuals to obey the rule, "From everyone according to his abilities, to everyone according to his needs." Arguments and theories used to support these proposals are essentially Marxian.

"In short, a striker is a man who says, 'I mean to get my living by doing this thing and no other thing as my share of the social effort, and I do not mean to do this thing except on such and such terms'."

The New Deal is the American manifestation of the worldwide trend which produced fascism, communism and British socialism. It results from the desire of man to escape individual responsibility, to lean upon the all-powerful state and to trade his freedom for the politician's promise of security.

Dionysius's modern counterpart not only has ministers to advise him but also professors of economics to explain to the public how the abundance in their pantries is improved by inflation.

I see a pattern there — a pattern that can mean slavery for free men everywhere if it is not broken.