Mises Wire
Author:
Robert P. Murphy
Online Publish Date:
In a recent column for the New York Times , the world’s most famous Keynesian, Paul Krugman, attacked Austrian business cycle theory (ABCT). In addition to repeating his decades-old claim that ABCT suffers from an internal contradiction, as well as his charge that the Austrians misdiagnosed the 2008 financial crisis, in his latest piece Krugman