Mises Daily
Author:
Jeff Scott
Online Publish Date:
Milton Friedman, interviewed in Barron’s (August 24, 1998), was asked: Q: You were acquainted with the Austrian economist Friedrich Hayek and also are familiar with the work of Ludwig von Mises and his American disciple, Murray Rothbard. When you were talking about bad investments, you were alluding to Austrian business-cycle theory. There is a