Monthly Archives: July 2009

Stacy McCain Links to a Piece on Hayek & ObamaCare Because ..

“there is no such thing as “too much Hayek” … “ Here’s the link.  Let me also recommend this one. Elsewhere in the blogosphere, Nonoy Oplas updates the “Rule of Law” entry at Wikipedia.

Posted in Local Knowledge, Rule of Law | Comments Off on Stacy McCain Links to a Piece on Hayek & ObamaCare Because ..

It’s Back To First Principles — And Hayek — At The Bank of England

The London Telegraph: in a strange way, the by-product of this financial collapse has been to free economics of this burden. In the corridors of the Bank of England and Treasury, there is a distinct whiff of excitement. For the … Continue reading

Posted in Monetary Theory | Comments Off on It’s Back To First Principles — And Hayek — At The Bank of England

George Selgin & Peter Schiff on The Federal Reserve

George Selgin speaks at 10:40 into the video and Peter Schiff begins at 25:55 into the video. BONUS:  Peter Schiff was right, and Ben Bernanke was wrong, wrong, wrong.  So, which one studied Hayek?  And which one was reading out … Continue reading

Posted in Federal Reserve, Money | Comments Off on George Selgin & Peter Schiff on The Federal Reserve

New To The Internet — F. A. Hayek on the “Decline of the Rule of Law” (part 1)

This is timely.  A previously unavailable classic — F. A. Hayek, “Decline of the Rule of Law, 1”,  from The Freeman, April 20, 1953,  pp. 518-520 (pdf).  Here’s the article in html: Political wisdom, dearly bought by the bitter experience … Continue reading

Posted in Rule of Law | 3 Comments

Distributed Knowledge & The Medical Economy

Jennifer Rubin discovers both Hayek’s knowledge problem and Hayek’s distributed knowledge and discovery procedure solution.  Did she read John Stossel or The Constitution of Liberty?

Posted in Knowledge Problem | 3 Comments

keynes: Bursting The Myth of Keynes As a Genius Investor

The history of science is full of useful lies, myths created and repeated in order to advance a particular narrative.  One of the great myths of economics is the myth of Keynes as an unerring investor of genius.  In fact, … Continue reading

Posted in Keynes | 5 Comments