I’m happy to say that I got to listen to two of my favorite intellectuals (and friends) in my podcast feed yesterday.
Shawn Ritenour, the author of Foundations of Economics, a book I have discussed extensively on this site, was the guest on the Tom Woods Show yesterday. It was a great interview. After briefly commenting on the Christian orientation of his textbook, Ritenour spoke at length on what separates the Austrian school of economics from more mainstream economics thinking such as the Keynesian and neoclassical schools. Whereas the mainstream economists rely heavily on abstractions and assumptions that do not reflect the world in which we live, the Austrians insist on grounding their theory in what we understand about real human beings and how they behave.
You really should listen to this interview if you haven’t already. And if you haven’t, it means you probably don’t subscribe to Tom’s show, so subscribe already! It’s free!
Then visit Ritenour’s website (also linked from my Blogroll to the right).