Monthly Archives: March 2011

JOAQUIN FUSTER LECTURING ON HAYEK & HIS SENSORY ORDER WORK

Famed UCLA neuroscientist Joaquin Fuster lecturing on Hayek’s sensory order work last fall: Leslie Marsh tells the story — with additional photos — here. BONUS — A letter from Hayek to Fuster, dated May 17, 1976. Just a handful of … Continue reading

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NEW IN BOOKS: Otto Neurath, Economic Writings: Selections 1904-1945

Just out — Otto Neurath, Economic Writings: Selections 1904-1945, edited by Thomas Uebel and R. S. Cohen, with a long introduction — focused in part on Friedrich Hayek — by Thomas Uebel. The second to last essay by Neurath focuses … Continue reading

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LOCAL KNOWLEDGE & SPONTANEOUS ORDER .. IN A SHOAL OF FISH

This is excellent stuff: recently, [Iain Couzin] has modelled the behaviour of shoals of fish. He posited that how they swim will depend on each individual’s competing tendencies to stick close to the others (and thus move in the same … Continue reading

Posted in Local Knowledge, Spontaneous Order | 3 Comments

IN THE MAIL: Hayek’s The Constitution of Liberty: The Definitive Edition edited by Ronald Hamowy

And it is magnificent. Congratulations to Bruce Caldwell and Ronald Hamowy on the publication of F. A. Hayek’s The Constitution of Liberty: The Definitive Edition edited by Ronald Hamowy.  A steal at $13.94.

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IN THE MAIL: Monetary Policy, Inflation, and the Business Cycle by Jordi Gali

Jordi Gali’s Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework is self-recommending for the clarity of its writing, the coherence of its organization, and the usefulness of the references to the literature.

Posted in Macroeconomics | Comments Off on IN THE MAIL: Monetary Policy, Inflation, and the Business Cycle by Jordi Gali

THE BASIC MATH BEHIND AMERICA’S WEIMAR MOMENT

Iowahawk takes care of finances for the “American Family”. ht Instapundit. Folks are talking about a return to historically normal interest rates and “the most predictable economic crisis in history”. The talk of an American sovereign debt default seems plausible … Continue reading

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