HOW WILL THE CURRENT ERA BE REMEMBERED? I am almost positive that the current er

HOW WILL THE CURRENT ERA BE REMEMBERED?

I am almost positive that the current era will be interpreted as a century long failed experiment, and that cognitive scientists and legal philosophers and anthropologists will obtain the credit for repairing it.

Not that Austrians are wrong, but that their program was incomplete, cut off by the wars, and the need for reconstruction.

And that Mises fundamental insight was misunderstood – not only by others but himself: moral criticism.

Hayek was likely right in that the twentieth century will be considered an era of mysticism in the future. Mysticism meaning ‘pseudoscience’ today, for having relied upon aggregates alone rather than testing them with actions.

But explaining why this is true is difficult.

What we have been exploring is not so much economics but the addition of credit to the inventory of weapons of influence that can be used to govern a people.

I am almost certain now that this is correct.