
Many libertarians are unfamiliar with Austrian economics and its explanation of the business cycle and are therefore at a supreme disadvantage. The Austrian school provides a sound explanation of the business cycle and a consistent philosophy for libertarianism in general. Famous Austrian economists include Peter Schiff, Henry Hazlitt, FA Hayek, Ludwig von Mises, Murray Rothbard, and more. For a fantastic book as an introduction to Austrian economics and the housing/financial crisis, please read Tom Woods' book "Meltdown". It is a great resource. Resources for literature in Austrian economics: Mises Institute - mises.org Foundation for Economic Education - http Tags: libertarian, libertarianism, Austrian school of economics, Austrian economics, Austrian business cycle theory, business cycle, recession, depression, explanation, growth, boom, bust, Federal Reserve, Fed, Peter Schiff, Tom Woods, Ron Paul, Meltdown, monetarism, Keynes, monetarist, laissez faire, capitalism, free markets, housing bubble, housing collapse, financial crisis, wall st, mises institute, economy, economics, Hayek, Rothbard, interest rates, inflation, money supply, monetary supply, monetary policy
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