Brian Lamb Interviews Russ Roberts & John Papola on the Hayek vs Keynes “Fight of the Century” Rap Video

By Greg Ransom, on June 27th, 2011%

This is just excellent:  

2 comments - (Comments are closed)   Rap, Russ Roberts

Nassim Taleb Interviewed by Russ Roberts

By Greg Ransom, on May 3rd, 2010%

A truly outstanding discussion of risk, hyperinflation, Wall Street, debt, science and other topics.

Taleb’s web site is here, and some of the new material discussed in the interview from the new paperback edition of The Black Swan is available here.

Comments are closed   Risk, Russ Roberts

Russ Roberts — Government Pathology Powered The Housing Finance Trainwreck

By Greg Ransom, on April 28th, 2010%

Non-pathological markets require non-pathological institutions — and America has neither as Russ Roberts explains.

Note well:  Hayekian analysts were pointing to many of these pathologies and others before the crisis hit.   Non-pathological markets also require a non-pathological class of regulatory, political, and scientific elites.  Institutions won’t change until the intellectual and moral pathology of . . . → Read More: Russ Roberts — Government Pathology Powered The Housing Finance Trainwreck

Comments are closed   Institutions, Intellectuals, Russ Roberts, Wall Street
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It is likely that many modern economists would have no difficulty accepting Hayek’s statement of the problem [of macroeconomics] as roughly equivalent to their own. Whether or not this is so, I wish .. to argue that it should be so, or that the most rapid progress toward a coherent and useful aggregate economic theory will result from the acceptance of the problem statement as advanced by [Hayek] — Robert Lucas
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