Think of this as Volume 18, Number 3 of the newsletter I have written weekly since March, 1997. Enjoy.
I recently did a piece for TheStreet.com on Austrian economics and, out of modesty, I didn't offer my full view of the matter, because I'm a tech writer.
My view is that Austrian economics, like Karl Marx' communism, is faith-based economics. It ignores economic evidence, its acolytes spending all their time rejecting contrary facts.
They explicitly reject the notion that government can weigh evidence of economic strength or weakness and do anything about it. Thus Austrian economics can never fail. It can only be failed by those too weak to apply it rigorously enough.
Austrian economics stands alongside climate denialism and religious millenialism as one of three pillars of the modern conservative movement. This is what makes conservatism a clear and present danger to democracy in our time. It's at the heart of our present crisis.