[quote=rhare]Great article, but you need to specify that you are talking only about the Keynesian economist and their current view of the fiat money world they inhabit - in that world, many of the writings of Austrian economists and those philosophical works by people like Ayn Rand make no sense. In fact many Austrian economists had been warning of the dangers of debt, but they are ignored because that view doesn’t allow for the endless growth of the welfare/warfare state.
[/quote]
I think the term "mainstream economists" excludes Austrian economists as Austrian economists are anything but mainstream. I agree with Farmer Brown on the Ayn Rand/Greenspan connection.