What is Austrian economics and why does it matter?
This episode was recorded for my UK Column show.
American economist Scott, who lives in China (and with whom I met up when I was in Shanghai in 2025), discussed Austrian economics, focusing on individual choice, voluntary exchange, and the damaging effects of money printing which is ultimately theft.
The short story is that Austrian economics is superior to other schools of economics, and offers the most amount of prosperity and freedom.
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