Monthly Archives: November 2010

QE2 & THE EUROPEAN CRISIS — WHAT WOULD HAYEK DO?

David Beckworth gives some reason to believe that Hayek would have supported QE2. And Scott Summers make the case for believing Hayek would have supported monetary easing in Europe.

Posted in Monetary Theory | Comments Off

“THE TRIUMPH OF HAYEK”

Ruchir Sharma on the public turn against the Fed. Quotable: monetary activism suffers from the same fundamental flaw as Keynesianism, in that it protects inefficient players instead of injecting renewed vigor into the economy. In a telling statement of the … Continue reading

Posted in Federal Reserve | Comments Off

Brad DeLong is lying about Hayek again

This act is getting old, and ever more pathetic.

Posted in B*llsh*t | Comments Off

WITH THE ACADEMIC EQUIVALENT OF A GHOST WRITER

Paul Krugman attempts to play in the big leagues. Quotable: There is a lot of relevant work that Eggertsson and Krugman are unaware of, or are ignoring. Bruce Smith spent his career working on models of credit market frictions in … Continue reading

Posted in Macroeconomics | 1 Comment

STAT OF THE DAY

15% of postal carriers in the U.S. have a college degree.

Posted in fun stuff | Comments Off

BLACKBALLED BY GOOGLE

It looks like Google has blackballed me again — and once again it I can only assume they are doing so for writing posts about Obama’s Marxist background. Google Search almost immediately delisted my “PrestoPundit” website from its search engine … Continue reading

Posted in Google | Comments Off