Yesterday, I had lunch with two of the UK’s leading Austrian-school economists, Toby Baxendale and Anthony J. Evans, the authors of the IEA article “Testing Times for Central Banks — Is there room for Austrian ideas at the top table?”

The article is a fascinating read, explaining how Austrian economic ideas can offer a fresh perspective on the system of money which sometimes complements, sometimes supplements, the prevailing Keynesian and Chicago-school ideas.

Relatively simple reforms could offer stability and sustainable prosperity for everyone: more to follow.

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