Oct 17, 2018

Tom Woods on the importance of economics to studying history

If you're looking at history and you don't understand economics, then what are you going to do?  Are you just going to repeat what the textbook says about the Great Depression?  Well, how do you know if the textbook is right?  Just because it's the textbook?  What kind of thinking is that?  It's deeply irresponsible not to know economics, especially if you're going to be in history.

~ Tom Woods, "Tom Woods: The Libertarian Face of New Media," The Austrian, September/October 2018

(interview with Jeff Deist)

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