Many of my views and beliefs parallel those of Ludwig Von Mises and Friedrich Hayek; two of the most well known Austrian Economists.  The belief behind the Austrian school has its roots in fundamental classical liberalism; not modern day liberalism (just so we don’t confuse the two).  One facet of the Austrian school that catches my eye is that it is user-friendly.  It doesn’t require a complex understanding of mathematics or economic growth models; it simply is common sense and extremely logical.

The belief in the Austrian school spawned a new generation of Economists here in the United States after many saw the failures of Keynesian economics and the rise of the Neo-classical movement.  This was the United States own brand of what could be considered close to Austrian Economics could be the Chicago School.  The Chicago school has produced some of the most influential Economists of our day including Paul Samuelson, Robert Lucas Jr., and of course the venerable Milton Friedman.  Point of fact, the Chicago School has produced more Nobel Laureates than any other University.

Not to harp on a subject, but to those readers who are interested; I would challenge you to learn about what these schools have produced in society and compare them to all the political philosophers such as Karl Marx and Vladimir Lenin; see for yourselves which one creates growth and which one destroys prosperity.