ECONOMIC NEWS

MESSAGE FROM THE CIRCUS:

Is economics a philosophy, science, propaganda or religion? If it’s a philosophy then how can it ever be proved or disproved? If it’s a science, then why has Austrian economics been ignored for over 100 years? But if it’s propaganda then the State will continue to use it to control the masses, while if it’s a religion, then what hope does the world have?

A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society.

 – Ludwig Von Mises