Sunday, October 31, 2010

"Fear the Boom and Bust"

Brilliant video concerning an economics argument. I'm with Hayek as any Catholic should be.

An aside: Why won't the bishops defend our traditional Catholic scholastic economics? Spanish monks got economics praxeology correct hundreds of years ago; why do we pretend they never existed? Is there any field where the progressives (and pure social-justice types) haven't hijacked?

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