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Exploring the Journey into Austrian Economics
A detailed conversation with an Austrian economist in Nigeria on their personal evolution from traditional economic teachings to embracing Austrian economics. The chapter focuses on the impact of authors like Mises, Hayek, and Rothbard, exploring concepts such as the role of central banks, money creation, and contrasting viewpoints with economists like Milton Friedman. The discussion delves into the fundamental differences in monetary theories between various economic schools, providing insights into the speaker's transition and perspectives on free markets and central planning.