Turning Austrian

I did a piece for over the weekend on what the heck is Ron Paul talking about when he's yammering about Austrian economics. I am not impressed with this approach to understanding the business cycle, but more progressive readers may be surprised to learn that my critique of this brand of extreme libertarianism is enough to get me denounces as a tool of the Kochs. You see, before the Koch brothers' funding of right-wing economic policy work made them public enemies number one and two to the...