Thursday, December 24, 2009

Dr George Reisman's Prescription for Economic Recovery

George Reisman is a retired professor of economics at Pepperdine U. and a direct, personal disciple of Ludwig von Mises (the Austrian-American economist who debunked socialism in 1922; lost the popularity contest to John Maynard Keynes) and Ayn Rand (author of Atlas Shrugged). He is author of a thick textbook on economics titled simply 'Capitalism'. At approximately 1 million words, I call it 'the suitcase bomb'.

He has his own blog where he continues to offer anaylsis and commentary on political economy. Any serious citizen who wants to understand how we got into this mess and how to get out -- permanently -- should take a serious look at his analysis of the current crisis and policy prescription for recovery: