Monthly Archives: January 2011

GEORGE WILL — HAYEKIAN OF THE DAY

Larry Summers and Baumol’s Law.

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“HOW I BECAME AN ADVOCATE OF LIMITED GOVERNMENT”

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

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THE TEST FOR ANY ECONOMIST IS THE ABILITY TO THINK ECONOMICALLY

Paul Krugman fails the test.

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GRAPH OF THE DAY

Robert Murphy explains the graph and argues for Hayekian macro and against Scott Sumner here.

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WILL THE REAL “AUSTRIAN” PLEASE STAND UP

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

Posted in Krugman, Monetary Theory | Comments Off on WILL THE REAL “AUSTRIAN” PLEASE STAND UP

HOW TO MAKE HAYEK LAUGH — AND HOW TO MAKE HIM ANGRY

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

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