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Tag Archives: Austrian business cycle theory

The Filthy Anti-Capitalist Mentality – of Austrian Economics

And I mean the anti-capitalist mentality of the Austrian libertarian cult and certainly in its Rothbardian form, because – make no mistake – these people are anti-capitalist in their core ideological beliefs, no matter how much we have to hear of their blustering nonsense.Let us take the crucial points which make Austrian libertarianism anti-capitalist: (1) Opposition to fractional reserve banking Rothbardians and many other Austrian libertarians oppose even private capitalist fractional...

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