Word: bawerk
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...faire, free-market economics. There are no laissez-fairists, no true capitalists (though plenty of state-capitalists), no "Austrians," no libertarians, no free-maketeers of any variety in the Harvard economics department. The last to be here, to our knowledge, was a disciple of the Austrian school (Menger, Bohm-Bawerk, Mises) who left three years...
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