Neoclassical economists, and specifically monetarists, have brought us here. Keynesian theory fell apart in the 1970s, and now monetarism has followed. The Austrian School is the only remaining source of credible analysis and sound economic policy.
Juan Ramón Rallo Julián
Juan Ramón Rallo is director of the Spanish libertarian think tank Instituto Juan de Mariana and author of several books such as Los errores de la vieja Economía. He teaches in Madrid, at Online Center for Higher Studies Manuel Ayau and at the Master degree in Austrian Economics of the Universidad Rey Juan Carlos. See his website.
