Monthly Archives: April 2011

PHOTO: HAYEK VS KEYNES — “Fight of the Century” 4/28/2011

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Richard Peet of Clark U. – Our Latest “Who’s Lying About Hayek Now?” Contestant

Hayek is famous among libertarian academics for being a critic of 19th century laissez faire.  (See, for example, Walter Bock, “Hayek’s Road to Serfdom”).  Indeed, one of the most famous lines in Hayek’s mega-seller The Road to Serfdom is an … Continue reading

Posted in BS, Lies, Myths | 3 Comments

It Usually Starts With Friedrich Hayek

Writer Charlotte Hays tells her story: Like most people who went into journalism in those halcyon days, I started out on the left.  We New Orleans scribblers loved then-Mayor Moon Landrieu, father of Senator Mary Landrieu, mostly because, in addition … Continue reading

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Robert Higgs on Truth, Error & the Pathological Culture of Academic Economics

Highly recommended.

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VIDEO: LearnLiberty Video on Unplanned Order

Introduced here by Lynn Kiesling. Find more LearnLiberty videos here.

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Frydman & Goldberg on Robert Lucas & F. A. Hayek

From Roman Frydman and Michael Goldberg’s new book Beyond Rational Markets: Asset Price Swings, Risk, and the Role of the State: The problem that haunts the Rational Expectations Hypothesis is the same one that doomed socialist planning: no fully predetermined … Continue reading

Posted in 1945, Frydman, Knowledge Problem, Limits to Knowledge, Lucas, Macroeconomics, Rational Expectations | Comments Off on Frydman & Goldberg on Robert Lucas & F. A. Hayek