Two views of Vienna and Chicago, Friends or Foes?
From the Chicago School:
"This tale is thorough, thoughtful, even-handed, and highly readable. All economists, of whatever school, will find it both instructive and entertaining." - Milton Friedman
From the Austrian School:
"In this upbeat tale of two schools, Skousen gives us a delightful blend of theory, history, and political science, and shows that there is much common ground and scope for development." - Roger W. Garrison
©2005 Mark Skousen (P)2014 Regnery Publishing
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This was more an essay, than a book. It's obvious the author's purpose is to convey why The Austrian school is the correct model. This could have been have the pages and achieved the same end.
this is the most reasonable and complete comparison of these two schools I could have asked for.
"Great juxtaposition and explanation"
Nothing about the content of the book itself disappointed me, rather, it was the narration that could have been better. While Todd Gaddy's voice is pleasant and has a lot of vitality, he rushes through so quickly that he doesn't fully pronounce all of his words. At times, this is difficult to understand, and there were several occasions in which I needed to go back to hear something again. If one is not a native English speaker, one might have difficulty following the narration. This is certainly not a major flaw, and I would listen to other books narrated by Todd Gaddy since I now know what to expect.
I learned quite a lot from this book, and it answered the questions I had regarding the differences between the two schools of thought. Mark Skousen knows the subject extremely well and objectively shows topics in depth from each point of view.
I wouldn't recommend this as an introductory book to Laissez-faire economics; it is an intermediate-level book. Having a familiarity with subject-specific vocabulary is essential to understanding both the material and the narration.
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