Mises Daily
Author:
William L. Anderson
Online Publish Date:
While Paul Krugman likes to present himself as being a Keynesian, in reality, his intellectual roots run back a few centuries to the mercantilists. If you wish to see the Krugman of 300 years ago, read Bernard Mandeville’s The Fable of the Bees , first published in 1705, to see all of the same economic (and logical) fallacies that haunt