In The Harvard Business Review. Highly recommended.
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Gets called to account one more time for lying about Hayekian business cycle theory.
Don’t listen to the guys who — you know — got just about everything right over the past decade. Let’s not pay attention to economists who — you know — actually understood what was happening before it happened. We can’t let that happen.
Hayek’s The Road to Serfdom enters its 12th week on the Amazon’s Top 100 bestsellers list, this week at #73.
The “Taking Hayek Seriously” blog will continue at a “vacation” level of activity until sometime after the beginning of the school year, mid-September or so.
And the Fat Man. A parable for our times.
on the reality of current economic situation and how we got here.
The Pantry Proof against socialist economic planning. ht ricketyclick
I’m driving past 20 miles of these empty railroad lumber transport cars in Eastern Oregon, which are being stored on an unused rail spur. The cars have been there for 2 years. A living image of the Hayekian malinvestment boom and bust cycle:
Data: the boom-bust consumer spending recalculation cycle http://bit.ly/9GphKe
Costco sells Hayek by the pallet http://bit.ly/duBxNM
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