It should be evident to most people that the last 100 years have been very violent in the financial world. Why? What happened to cause all this turbulence? During this period we have witnessed the bloodiest century of all time. Two World Wars. Endless smaller wars all over the earth. An influenza epidemic after WWI.
Sometimes it may seem as if those of us preaching the doctrines of economic and political liberty suffer from a contradiction. If things are so bad, what’s the point of educating the public? If State officials are capable of the skullduggery that we document every month in these pages, how in the world will knowledge of Austrian economics make a difference?