by Karl-Friedrich Israel
There is a long tradition in Austrian economics and libertarian thought of presenting ideas not only to academic peers and fellow intellectuals, but directly to the broader public. Hayek’s Road to Serfdom, and Rothbard’s What Has Government Done to Our Money? are prime examples. In the German speaking world it was Roland Baader, a student of Hayek’s at the University of Freiburg in the 1960s, who has from 1988 until his death in 2012, more than anyone else, popularized the ideas of the Austrian school of economics. Blind Robbery! How the Fed, Banks and Government Steal Our Money by Philipp Bagus and Andreas Marquart stands in that tradition. The German-language original has already been translated into Taiwanese, Korean, and Spanish, and it is now made accessible to a much wider audience in English.