Richard Epstein see sharp decline for the American economy

By Greg Ransom, on September 20th, 2010%

The most respected authority on economic regulation in America sees a nation headed for increasingly steep decline.  Listen here.

On the list of  the most intelligent people in America, Richard Epstein ranks right at the top.  This is sobering stuff.

Comments are closed   Regulations, U.S. economy

finance: Roman Frydman & Michael Goldberg on Hayek, Mathematics, Wall Street & Financial Regulations

By Greg Ransom, on March 4th, 2009%

Economists Roman Frydman and Michael Goldberg presented a paper exploring the significance of the limits of knowledge and mathematical modeling for financial regulations titled “Emerging from the Financial Crisis” (pdf) at Columbia University Friday, Feb. 20, 2009.  From their paper:

In his prescient critique that central planning must fail in principle, Friedrich Hayek emphasized that . . . → Read More: finance: Roman Frydman & Michael Goldberg on Hayek, Mathematics, Wall Street & Financial Regulations

Comments are closed   Limits to Knowledge, Mathematics, Regulations
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My main thesis is that [the socialists] are mistaken in the methods for getting what they want to achieve. — F. A. Hayek
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