Support the Wall Street Examiner! Choose your level of support to receive a free proprietary report as my thanks. Click the button below to see your options. Become a Patron!

A Modern Fairy Tale Of Three Economic Wizards – Mish

Once upon a time (today), in a land not so far away (USA), there lived a trio of economic wizards (economists), whose names shall remain anonymous (Paul Krugman, Greg Mankiw, Ben Bernanke).

A fourth wizard, Murry Rothbard, is no longer among the living but resides in the netherworld.

The above wizards seldom agree with each other because they come from competing schools of wizardry.

Three Schools of Economic Wizardry

Keynesian School of Fiscal Voodoo and Witchcraft

Monetarist School of Monetary Voodoo and Witchcraft

Austrian School of Sound Money, Sound Economic Principles and Common Sense.

via A Modern Fairy Tale Of Three Economic Wizards – Business Insider.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.