This morning on CNBC’s Squawk Box, government bond dealer Paul McCulley of Pimco–while reveling in the alleged total victory of Keynesians–said “Just as there are no atheists in foxholes, hopefully there are no Austrians in an economic crisis.” Of course, the Austrian view is growing massively, and the Keynesian proponents of Zimbabwenomics fear the truth. (Thanks to Seth Schueler.)

The Best of Llewellyn H. Rockwell, Jr.