Friday, 15 July 2016

Keynesian vs Austrian Economics: Infographic


A remarkably even-handed infographic here on two major competing schools of economics.


Hat tip The Rational Standard, who have a brief snippet outlining the crux of the Austrian Business Cycle Theory.

Good on them.



  1. Good. Words with pictures. Straight forward representations of the spending versus saving, and then interest rates. This sticks with me easily for future use. I can read and understand a long article, but for grab memory a diagram like this works. I am not saying mindless slogans are valuable, you have to know your source. Which is why we come here.

  2. This is a topic that is close to my heart... Many thanks!
    Where are your contact details though?


1. Commenters are welcome and invited.
2. All comments are moderated. Off-topic grandstanding, spam, and gibberish will be ignored. Tu quoque will be moderated.
3. Read the post before you comment. Challenge facts, but don't simply ignore them.
4. Use a name. If it's important enough to say, it's important enough to put a name to.
5. Above all: Act with honour. Say what you mean, and mean what you say.