"Economics Teaches Us Humility": Q&A with George Mason University's Pete Boettke

What can the Austrian School of Economics teach us about the 2008 financial crisis?


"Economics is a set of eye glasses, and when you put them on you bring the world into sharp relief," says George Mason University Professor Pete Boettke, who is author of the new book, Living Economics: Yesterday, Today, and Tomorrow. "It's a way of thinking about the world that has implications that are political in nature when you follow through with it persistently and consistently."