<h2 class="Strapline">I make this speech in the earnest hope that Croatia, which has emerged from decades of totalitarianism, along with her neighbouring countries, will not make the mistakes we have made.</h2>
<p>And by "we", I refer to the advanced economies of Western Europe, North America and Japan. To explain why we have made mistakes, it will help if I summarise the fundamental differences between classical economics, neo classical, including Keynesian and monetarism, and Austrian economics.</p>
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Nowhere Left To Run

I make this speech in the earnest hope that Croatia, which has emerged from decades of totalitarianism, along with her neighbouring countries, will not make the mistakes we have made.