controversy: Glasner Challenges Armey on Hayek vs. Keynes

“More Hayek and Less Armey”

by David Glasner

Dick Armey, an obscure economics professor who enjoyed a second career as a moderately well-known politician, does not much like President Obama’s stimulus plan.  To buttress his opposition with more intellectual heft than he can himself muster, Professor Armey, in an . . . → Read More: controversy: Glasner Challenges Armey on Hayek vs. Keynes

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We know a great deal nowadays about the sort of things which the economic system will do. We even know a great deal about what it means if we see the economic system do particular things. But we do not know enough and never shall know enough to be able to say what it will do tomorrow. — F. A. Hayek

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