Hayekian Stimulus
If you watch this Hayek vs. Keynes rap again, you’ll notice that very rarely throughout are the two men actually disagreeing with one another. They’re largely talking past one another, with Keynes speaking directly to...
Tagged: keynes
Another Keynes & Hayek Open-Thread
“In my opinion it is a grand book…. Morally and philosophically I find myself in agreement with virtually the whole of it: and not only in agreement with it, but in deeply moved agreement.”...
The age of ideological uncertainty, continued
Anti-stimulus sentiment ran high in the comments section of my (qualified) defense of the Obama Administration’s economic policy. I encourage the skeptics to check out this article from Richard Posner, which mounts a limited...
Richard Posner, Keynesian
Richard Posner has an interesting essay on John Maynard Keynes in The New Republic. I’m still trying to untangle all the various ideas and contradictions implicit in this economic downturn. There are many competing...
