September 19, 2012 § 2 Comments
The impression given by the 501(c)(3) tax-exempt Ludwig von Mises Institute that claims to hate government so much is that the Austrian School of economics has all the answers for what ails us, economically.
But what do we find with a little digging into what prominent Austrian School economists and devotees themselves say?
From the February 21, 2010 Daily Bellinterview with Lew Rockwell (emphasis mine):
“Daily Bell: Is the logical outcome of Austrian economics the disappearance of the state?
Rockwell: Mises didn’t think so; neither did Hazlitt. Sudha Shenoy argues that of all the people who entertained the possibility of society without a state in that generation, Hayek comes closest to embodying the anarchistic temperament. In any case, the man who made the real difference in the Austrian School in this regard is Rothbard. It was he who pushed the theoretical apparatus “over the edge,” so to speak…
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