Category Archives: Relative Prices

Gerald O’Driscoll on Crony Capitalism

and the price system. Compare also Arnold Kling on the looting classes.

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Hayekian Economist Gerald O’Driscoll

On the housing market: Government programs to prop up home prices have been half-hearted and ineffective overall, and mercifully so. A successful program to prop up home prices would have aborted the recovery process. It would have created an overhang … Continue reading

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hayek v keynes: Don Boudreaux Has Been Re-Reading his Hayek & Keynes

The chairman of the George Mason Econ department has gone back to re-read the classic works of Hayek and Keynes from the 30s and 40s, and reflection on the writings of the two top economists of the last 100 years … Continue reading

Posted in Boom & Bust, Capital Theory, Keynes, Relative Prices | 2 Comments