The Foundational Difference Between Austrian Economics and the Mainstream
NOVEMBER 14, 2012 by PAUL CWIK
Paul Cwik is a professor of economics at Mount Olive College. He earned a B.A from Hillsdale College, Michigan, an M.A. from Tulane University in Louisiana, and a Ph.D. from Auburn University in Alabama.
Which Way Do You Lean on Economic Theory?
Whose approach do you find yourself taking more often, Mises's or Friedman's? Read both quotes and choose the one that aligns with your opinion of what makes for good economics.