Monthly Archives: March 2009
Economist Arnold Kling takes a look at the future of macroeconomics and government policy. Well worth reading.
Quote Of The Day: Mr. Laidler believes that macroeconomists have a great deal to learn from studying the history of their field. I read several of his excellent books on the history of monetary theory, linked here and here. It … Continue reading
Alan Greenspan puts his enormous skills to work shifting responsibility elsewhere. Here is the core argument: U.S. mortgage rates’ linkage to short-term U.S. rates had been close for decades. Between 1971 and 2002, the fed-funds rate and the mortgage rate … Continue reading
Economist Lawrence White weighs in on Brad DeLong’s sociopathological misrepresentation of Herbert Hoover’s Depression Economics.
Peter Boettke reports on the emergency meeting of the Mont Pelerin Society held this past weekend in New York City: speakers included Nobel Prize economists such as Ned Phelps and Gary Becker; famous economic thinkers such as Anna Schwartz, Arnold … Continue reading
“Neoliberalism” is a term hard left academics in Latin America have long used as their preferred pejorative label for a grossly cartoonish and dishonest mischaracterization of the ideas of classical liberalism and those like F.A. Hayek who have worked to … Continue reading