I wonder if leftists are happy about the recession and unemployment–think of all the wage-slaves that are being freed of their shackles!
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Stephan Kinsella is a libertarian writer and patent attorney in Houston, Texas. He has published widely on various areas of libertarian legal theory and on legal topics such as intellectual property law and international law. His publications include Legal Foundations of a Free Society (Papinian Press, 2023), Against Intellectual Property (Mises Institute, 2008), and International Investment, Political Risk, and Dispute Resolution: A Practitioner’s Guide (Oxford, 2020).
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Perhaps they’re just as happy about it as any Austrian economist since Austrian scholars see this recession as a much needed correction of misdirected investments.