William White — “The Man Nobody Wanted to Hear”

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″.

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Mainstream ‘neoclassical’ economics never clearly brought out what I call the ‘guide’ or ‘signal’ function of prices. — F. A. Hayek

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