The Brothers Austrian

Wendall Wilkie Uncategorized austrian school, Change, obama, Rand Paul, ron paul

The title of this posting refers to Cato’s Letter Number 4, by Thomas Gordon. Writing in 1720, Gordon notes the importance of restoring the credit markets in England, but bemoans the idea “that any thing ought to be done to repair the losses, occasioned by folly and covetousness, out of the estates of those, who always foresaw, who always opposed this mighty mischief; much less at the further expence of the honour and trade of the nation.”  Gordon actually calls for the “necks” and “money” of those responsible for the crisis, today it is the calls of the Austrian School for bankruptcy.

Very good Mr. Gordon, you just became relevant in the 21st century. Cato’s Letters (written by Gordon along with John Trenchard) represent some of the most influential 18th century political theory. Murray Rothbard mentions Gordon and Trenchard along with Algernon Sidney and John Locke as the most influential libertarian leaning philosophers during colonial times. But in Cato’s Letter Number 4, we see more than the ideological origins of our founding fathers. We see a true understanding of macroeconomic policy that made people like Ludwig von Mises and Henry Hazlitt shake their heads at the missed historical lesson in the macroeconomic policies of the early 20th century.

Again, to Gordon, “If our money be gone, thank God, our eyes are left: Sharpened by experience and adversities we can see through disguises, and will be no more amused with moon-shine.”

Or so we hope…

Teacherman Uncategorized algernon sidney, austrian school, cato's letters, colonial, henry hazlitt, john locke, john trenchard, libertarian, ludwig von mises, murray rothbard, thomas gordon

Welcome to the Brothers Austrian.  This blog will address economic and political issues.  Your editors are two brothers, and their friends, who see things from a libertarian and Austrian school of economics lens.  I am Teacherman, a teacher of high school history at a independent school in the US.  My brother is Bondsman and is knee deep in some of these issues working for a Bond firm in New York, City.

Teacherman General austrian school, brothers, Economics, libertarian, political