“I can date my own personal ‘revolution’ rather exactly to May or June 1933. It was like this. It began .. with Hayek." — John Hicks
Gets called to account one more time for lying about Hayekian business cycle theory.
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Hayek was making us think of the productive process as a process in time, inputs coming before outputs. — John Hicks
Hayek was making us think of the productive process as a process in time, inputs coming before outputs.
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