“Silence will save me from being wrong (and foolish), but it will also deprive me of the possibility of being right.” -- Igor Stravinsky
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Tuesday, July 17, 2012
It's Interesting to Watch Projection in Action
"To sum up Keynes: arrogant, sadistic, power-besotted bully, deliberate
and systemic liar, intellectually irresponsible, an opponent of
principle..." -- Murray Rothbard
I read Rothbard's history of economic thought (the first volume, at least) around two years ago... I don't think I've read very many Austrians take on the history of economic thought since. It's honestly made me lose confidence in what I read -- it's hard for me to take a lot of criticisms of other ideas seriously, when I can't even be sure that the criticism attacks the actual idea. Salerno's recent post on free banking solidifies this fear.
I read Rothbard's history of economic thought (the first volume, at least) around two years ago... I don't think I've read very many Austrians take on the history of economic thought since. It's honestly made me lose confidence in what I read -- it's hard for me to take a lot of criticisms of other ideas seriously, when I can't even be sure that the criticism attacks the actual idea. Salerno's recent post on free banking solidifies this fear.
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