Monthly Archives: April 2010
Understanding the Crisis
Marius Gustavson explains how Hayekian macro helps.
YouTube — William White, Bruce Caldwell, Alex Leijonhufvud & Tony Lawson at the Soros Conference
Hayekian economists confront the economics profession at the inaugural conference of The Institute for New Economic Theory at Cambridge: William White’s written paper is here. Bruce Caldwell’s written text is here. (Note that Caldwell misrepresents Hayek’s economics when he claims … Continue reading
Russ Roberts — Government Pathology Powered The Housing Finance Trainwreck
Non-pathological markets require non-pathological institutions — and America has neither as Russ Roberts explains. Note well: Hayekian analysts were pointing to many of these pathologies and others before the crisis hit. Non-pathological markets also require a non-pathological class of … Continue reading
Edwin McClellan
The story of the U. of Chicago graduate student who became Hayek’s English language re-write man: While studying the works of people like Mill, de Tocqueville, and Joyce under Hayek and other leading thinkers and scholars of the era, [Edwin … Continue reading
A Lecture for Our Time
Gerald O’Driscoll takes a look at Hayek’s “The Pretence of Knowledge”.