We are delighted that Michael Stastny, author of the excellent Mahalanobis blog, will be guest blogging with us this week. Michael is a true Austrian economist – he studies economics at the University of Vienna! Alas, he tells me that Menger, Böhm-Bawerk, and Mises are never mentioned in his classes and Hayek wouldn’t get a mention either, except for the fact that he “worked together with Pinochet so closely.” How sad. Truly, one has to come to Vienna, VA to study Austrian economics!
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