Monthly Archives: January 2009

ammo: Arm Against the Keynesian Counter-Revolution

Posted on January 28, 2009 by Greg Ransom

A generation ago Keynesian economics was dead and buried, abandoned even by the most influential Keynesian economist of them all, John Hicks.  It had been killed by the re-discovery of Hayek (by Robert Lucas , Alex Leijonhufvud, and John Hicks, … Continue reading →

Posted in Economics, Keynes | 14 Comments

hot: “With all due respect, you’re lying Mr. President”

Posted on January 28, 2009 by Greg Ransom

Leading economists answer Barack Obama and his false claims about the “stimulus”, in a full page ad running in the NY Times and the Wall Stree Journal.

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article: Hayek’s Influence on Nobel Prize Winners

Posted on January 27, 2009 by Greg Ransom

ABSTRACT: “F.A. Hayek’s broad research program has led some to conclude that his impact on economics has been minimal. This citation study examines the frequency of Nobel laureates cited by other laureates in the official Prize Lectures to understand how … Continue reading →

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A Reply to Russ Roberts on the Scientific Status of Macroeconomics

Posted on January 26, 2009 by Greg Ransom

As an introduction to his new EconTalk discussion with Robin Hansen, George Mason University economists Russ Roberts writes the following: As far as I know, no prominent market-oriented economist has come out in favor of a trillion dollar increase in … Continue reading →

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article: “Editor’s Introduction” to Collected Works of F.A. Hayek, Vol. 11

Posted on January 25, 2009 by Greg Ransom

Quotable: “The 1926 article does, however, take a different view from the 1945 article with regard to the explanatory sufficiency of equilibrium theory. The two sides the socialist calculation debate also differed on how much relevance the general-equilibrium approach has … Continue reading →

Posted in Collected Works, Economics | 1 Comment

book: “A Life of Friedrich August von Hayek”

Posted on January 25, 2009 by Greg Ransom

Quotable: “Hayek and I met quite by chance in February 1977. He had left Salzburg after having secured an appointment as Emeritus Professor at Freiburg University, and had come there a little ahead of time to see about, among other … Continue reading →

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