In this longish but eminently worthwhile post, Professor Richard Ebeling discusses his discovery of the Austrian school and why its insights are crucial to understanding our current economic malaise.

Lots of important stuff, but especially his explanation that our current economic “crisis” has nothing to do with capitalism or the free market, and everything to do with government interference with them. That’s the lesson that statists are desperate to avoid having Americans learn because it changes the entire debate from “What new programs and policies must the government adopt? to “What government programs and polices should be repealed?”