An Austrian Recommendation for President Obama

Robert P. Murphy, author of the fine book The Politically Incorrect Guide to Capitalism lays out what President Obama and Congress can do to really fix our economy.

In this article, Murphy addresses the critics of those who oppose the proposed stimulus plan. That’s important, because many critics of the stimulus say that the government should do nothing. But doing nothing doesn’t satisfy the feeling that something has to be done. So Murphy has a list of things to do.

Also, Murphy explains, in one paragraph, the Austrian diagnosis of why there’s a problem. It’s an excellent article, available at the Ludwig von Mises Institute at Do You Austrians Have a Better Idea?

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