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Journal smittyoneeach's Journal: Austrian Economists Are Stupid? 23

Reacting to: which isn't taking comments.
I'm not totally deep on the school, but I stayed at a Holiday Inn Express and read The Road to Serfdom.
Overall, the point that centralization sucks is a good one. Vast amounts of power in the hands of an unaccountable few can only be a Good Thing for 'God' values of 'few'.
Which is why I contend that we should redistribute power, not wealth. Empowering people, with the minimal level of necessary government oversight, will enrich all. Who want to be enriched.
Never forget that the evil of the human soul is a constant, and there will always be those claiming 'unfairness', occasionally with legitimacy, but quite frequently in a passive-aggressive mode. And government will deliver that 'fairness', oh yes: next Tuesday.
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Austrian Economists Are Stupid?

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