Friday - June 12, 2026
Foundation for Economic Education Posts Commentary: Why 'Nostalgia Economics' Is the Most Dangerous Modern Ideology
June 12, 2026
DETROIT, Michigan, June 12 -- The Foundation for Economic Education issued the following commentary by research associate Mani Basharzad:

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Nostalgia

The most dangerous economic ideology.

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If someone asked me what the most dangerous economic ideology is, many would expect an Austrian to give a typical answer: Marxism, socialism, or Modern Monetary Theory. Yet I believe there is another way of thinking that is even more pervasi . . .

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