Jeff Friedman once asked me (and gave me permission to share the query at the time) why I "even bother with the Austrians". It's a question that pops up in my mind fairly regularly lately.
I think sympathetic bloggers oughta all write about this stupid underconsumptionism criticism so I can just link you all tomorrow morning... because Austrians have a way of getting into the media lately and sooner or later this PCE line of argument is going to get on Fox and the discourse is going to get even more screwed up than it already is.
UPDATE: I think most readers know what elements of the Austrian school I do appreciate or am simply interested in - and which elements I find less impressive. Austrians I have a good relationship with should not take this to imply it's a clever ruse... I'm not nearly that clever, nor do I see what the point would be in such a ruse.