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The Austrians Were Right
by Harry Veyser sub-topic» Business Cycles
Economics is notóor does not have to beóa mysterious science. Quite simply, it is the study of reconciling the unlimited wants of man with limited resources. Distilled further, it is the study of human action. In It Didnít Have to Be This Way, I aim to demonstrate that economics involves certain immu¨table laws of human behavior. Further, I hope to show that the Austrian School has most clearly and effectively discovered those laws. The world has needlessly suffered unspeakable misery as a result of theories and policies that ignore these principles.
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