Austrian Economics is in good hands. After the brilliant defense of AE from Sraffa’s attacks, his newest article does some important mopping up. He summarizes the literature of other Austrian replies to Sraffa. He shows the egregious errors of the infamous blogger, Lord Keynes, in his treatment of this subject.
What impresses Smiling Dave so much about Sanchez? His encyclopedic knowledge of the literature. His many links to scholarly works to support his writing. His clear thinking. His sense of humor. His creativity. His writing style. In short, the complete package. What’s not to like?
It doesn’t hurt that Sanchez agrees with Dave about the controversial issues of AE, by which I mean he thinks, as I do, that so called Free Banking [= letting the banks give themselves free money] is a terrible idea.
I wonder what he thinks of bitcoin?