There are many schools of economics, such as Classical, Keynesian, and Austrian.  And now there’s Faux Economics, against which economists struggle in vain — logic and data defeated by well-funded lies.   They are the foundation of Faux Economics, as shown in this enlightening exchange of salvos. (1) A straight-forward statement about “Republicans and Obama’s New Deal“, Peter Wallison (attorney, … Continue reading A look at Faux Economics, increasingly popular but bizarrely wrong