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Entries tagged "Friedrich Hayek"

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Pen & Inc.: John Maynard Keynes and Friedrich Hayek

With the addition of Paul Ryan to the Romney ticket, and the devolution of the presidential race into a battle between fat and thin governments, two figures have emerged from the past, and they're not Hamilton and Jefferson. Continue reading

Posted on August 31, 2012 1:00 PM




Getting neoclassical economics right

The history of economics, like economic history, often gets short shrift in the war of sound bytes and ideologies of latter-day politics Continue reading

Posted on August 28, 2012 3:21 PM




Greenspan offers his view from the mountain

The Fed chief was the very embodiment of the 'government leader' who bestowed favors for political support. Does it make a difference, does it justify things, that he may well have done much of this (not all) for ideological reasons? Can he escape responsibility by taking the long view? Continue reading

Posted on January 26, 2012 1:30 PM




Backhouse and Bateman's 'Capitalist Revolutionary: John Maynard Keynes'

Writing about someone like Keynes who personally wrote so much, so well, must be a daunting task. Roger Backhouse and Bradley Bateman more than keep up, not by competing with Keynes, but by letting him speak, in all his many voices. Continue reading

Posted on November 7, 2011 12:31 PM




Backhouse and Bateman's 'Capitalist Revolutionary: John Maynard Keynes'

Writing about someone like Keynes who personally wrote so much, so well, must be a daunting task. Roger Backhouse and Bradley Bateman more than keep up, not by competing with Keynes, but by letting him speak, in all his many voices. Continue reading

Posted on November 7, 2011 12:29 PM




The ivory tower and the public square

Indeterminacy is a cousin to relativism, which to some minds seems to be related to permissiveness, all of which are milestones on the winding path to hell -- however you define that. Continue reading

Posted on September 21, 2011 12:14 PM




Hegel, Hayek and the search for equilibrium

The very fact that we're debating John Maynard Keynes and Friedrich Hayek suggests that we are opting for ideological fantasy over any real engagement with ambiguous and complex realities. Continue reading

Posted on September 15, 2011 1:23 PM




Frydman and Goldberg's 'Beyond Mechanical Markets'

'Beyond Mechanical Markets' takes aim at a dominant macroeconomic impulse that, in popular terms encompasses the rational-expectations hypothesis. Continue reading

Posted on June 6, 2011 3:21 PM




Frydman and Goldberg's 'Beyond Mechanical Markets'

'Beyond Mechanical Markets' takes aim at a dominant macroeconomic impulse that, in popular terms encompasses the rational-expectations hypothesis. Continue reading

Posted on May 24, 2011 9:21 AM






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