Monthly Archives: January 2011
Larry Summers and Baumol’s Law.
James Ahiakpor tells his story: “The saying that “a conservative is a socialist mugged by reality,” or something to that effect, pretty much explains my journey toward my present views on the beneficence of market freedom, limited government spending, taxation, … Continue reading
Paul Krugman fails the test.
Robert Murphy explains the graph and argues for Hayekian macro and against Scott Sumner here.
Or, PAUL KRUGMAN DISSEMBLES AGAIN. David Beckworth and Scott Sumner — citing Hayek, Selgin, Horwitz, and White — claim the mantle of Friedrich Hayek in making their case for NGDP targeting, quantitative easing, and a monetary disequilibrium understanding of the … Continue reading
Recollections of F. A. Hayek from Ronald Hamowy, part of his essay “Rothbard and Hayek: A Personal Memory” collected in Walter Block’s I Choose Liberty: Autobiographies of Contemporary Libertarians: “F.A. Hayek began his career at the University of Chicago in … Continue reading