THE BRITAIN HAYEK FORESAW

By Greg Ransom, on March 26th, 2011%

“The most important change which extensive government control produces is a psychological change, an alteration in the character of the people.”

2 comments - (Comments are closed)   Britain

THE HAYEK-KEYNES LETTERS OF 1932 DECONSTRUCTED

By Greg Ransom, on February 22nd, 2011%

Two American “communications” professors take on Hayek and Keynes debating trade cycle theory and British public policy in 1932 — “From the Great Depression to the Great Recession: The 1932 Hayek-Keynes Debate: A Study in Economic Uncertainty, Contingency, and Criticism” by David Hingstman & Thomas Goodnight (pdf).

Comments are closed   1932, Britain, Keynes

BRITISH CHARACTER

By Greg Ransom, on January 30th, 2011%

What happened?

Comments are closed   Britain
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I doubt whether statistics [as they are used by economists] ever can be used for Popperian purposes of falsifying a theory because statistical data — as such — never occur to the theory, therefore we cannot falsify the theory statistically. — F. A. Hayek
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