Wednesday, October 22, 2008

Two opposing views of the current economic troubles

2008 Nobel Prize winning Neo-Keynesian economist, author of The Conscience Of A Liberal, and New York Times columnist Paul Krugman was recently interviewed on Fresh Air by Terry Gross, here.

Joseph Salerno, editor of The Quarterly Journal Of Austrian Economics (which focuses on the Austrian School of economic theory), senior fellow at the Ludwig von Mises Institute, and economics professor at Pace University is interviewed about the same issues on The Lew Rockwell Show, here. (I would also note that the Nobel Prize winning economist Friedrich Hayek was from the Austrian school.)

On a related note, I recently bought Money, Banking and The Federal Reserve on DVD, and an MP3 CD of Henry Hazlitt's Economics In One Lesson from the Mises Institute, in case anyone is interested.