Economics was my Money and Banking textbook in 1989. I thought it was all correct until I read Mises and Hayek in grad school. This essay by Robert Higgs (pdf) highlights 8 key fallacies in Macroeconomic thinking, all of which politicians and pundits continue to repeat.
H/T Cafe Hayek
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About Paul Stagg
Husband, lifter, MBA in Baltimore, MD. Will post about Powerlifting, politics, Classical Liberalism, Economics, building wealth, self improvement, productivity, heavy music, wine, food, beer, and almost anything else.
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