Having a coffee, watching the sunrise with my daughter and reading angry rantings of people convinced we could put 25% of the US economy through Ch 11 without hurting the working class. However good intentioned (or not) it may be, it completely misunderstands how the world works.
We have the same conversations on this platform like clockwork. Unfortunately.
I have read Mises and Rothbard and Hayek. Many who don’t realize become implicitly Austrian in times of crisis. The famous critique of communism applies: “Great idea. Wrong species.”
