Larry Summers’ remarks at Bretton Woods on liquidity and asset markets, his remarks on tractability in economics, economic education, and the advance of science, etc. are very Hayekian in flavor — for all of Summer’s vulgar Keynesian political economy and his standard issue ignorance of Hayek’s macroeconomics. Some funny lines from Summers here as well. . . . → Read More: VIDEO: Larry Summers with Martin Wolf at Bretton Woods — Hayek Resembles that Remark
