DAVID LAIDLER ON MONETARY THEORY & THE CURRENT ECONOMIC BUST

“The Monetary Economy and the Economic Crisis” by David Laidler, with a long section on Friedrich Hayek and Forced Savings.

Laidler is the recognized dean of 20th century monetary economics.

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Random Quote

The most important player on Ronald Reagan’s economic team is Ronald Reagan. The person most responsible for creating the economic program that came to be known as Reaganomics is Reagan himself. For over twenty years he observed the American economy, read and studied the writings of some of the best economists in the world, including the giants of the free market economy — Ludwig von Mises, Friedrich Hayek and Milton Friedman. — Martin Anderson

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