Der Spiegel goes in depth on the Hayek-inspired central bank economist who warned the world of the coming economic crisis.
Earlier: “Who Called the Bust? Well, BIS Chief Economists William White For One” and “The Man Who Called The Crash Confronted Greenspan Man-to-Man in 2003″.
I’m pleased to say that White is also one of the tiny number of non-Austrian economists who takes my “productivity norm” argument seriously, having cited it in several BIS papers (see, for instance, < a href=http://www.bis.org/publ/work205.pdf”Is Price Stability Enough?. Maybe his having seen the crisis coming will get some others on board!
Sorry for the botched linked above. Here is one that should work.
George, I noticed that myself .. perhaps not an incidental fact. I wonder if White learned his Hayek in the first instance from you ..
Maybe I’ll drop him a line and ask.