Sumner on Selgin on Inflation, Deflation and Productivity
By Greg Ransom, on December 3rd, 2009
George Selgin is one of the best of the current generation of monetary economists. Scott Sumner is perhaps the most engaging economist blogger on the internet. What happens when Sumner blogs on Selgin? Take a look. Selgin responds in the comments.
The method of relying upon competition [to order our affairs], if it is to be made effective, requires a good deal of government activity directed toward making it effective and toward supplementing it where it cannot be made effective. — F. A. Hayek
