From blog.mises.org
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Peggy Noonan
Comment on stories written by Wall Street Journal columnist Peggy Noonan.
From last evening in the Wall Street Journal, a very good piece. Nothing new for readers of Mises.org but still very encouraging.
The Man Who Predicted the Depression
Ludwig von Mises explained how government-induced credit expansions led to imbalances in the economy.
By MARK SPITZNAGEL
Ludwig von Mises was snubbed by economists world-wide as he warned of a credit crisis in the 1920s. We ignore the great Austrian at our peril today.
Mises...
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