Against the Zeitgeist
Posted in From the Archives on 31 October 2011
Stats: 291 views and No Comments Today’s document is Albert Hunold’s address to the ninth meeting of the Mont Pelerin Society in Princeton, N.J., on September 8, 1958. It is titled “The Story of the Mont Pelerin Society.” Hunold, who cofounded MPS with F. A. Hayek, suggests that the roots of MPS stem from Hayek’s book The Road to Serfdom. It is no surprise ...
Posted in From the Archives on 31 October 2011
Stats: 291 views and No Comments Today’s document is Albert Hunold’s address to the ninth meeting of the Mont Pelerin Society in Princeton, N.J., on September 8, 1958. It is titled “The Story of the Mont Pelerin Society.” Hunold, who cofounded MPS with F. A. Hayek, suggests that the roots of MPS stem from Hayek’s book The Road to Serfdom. It is no surprise ...
If I Were Dictator: Lord Keynes Edition
Posted in From the Archives on 26 July 2011
Stats: 344 views and 3 Comments A student once asked economist Gordon Tullock, “if you don’t like democracy what do you want?” to which he responded “Tullock as dictator!” When Ludwig von Mises was asked what he would do if he were king he responded, “abdicate!” Haven’t we all thought about what it was like if ...
Posted in From the Archives on 26 July 2011
Stats: 344 views and 3 Comments A student once asked economist Gordon Tullock, “if you don’t like democracy what do you want?” to which he responded “Tullock as dictator!” When Ludwig von Mises was asked what he would do if he were king he responded, “abdicate!” Haven’t we all thought about what it was like if ...
Letter from J.M. Keynes to Henry Hazlitt September 17, 1931
Posted in Document on 21 July 2011
Stats: 403 views and No Comments Letter from J.M. Keynes to Henry Hazlitt September 17, 1931, were Keynes turns down Hazlitt's offer to participate in a series of articles entited, "If I were dictator."
Posted in Document on 21 July 2011
Stats: 403 views and No Comments Letter from J.M. Keynes to Henry Hazlitt September 17, 1931, were Keynes turns down Hazlitt's offer to participate in a series of articles entited, "If I were dictator."
Krugman Also Gets It Wrong
Posted in Not So Fast! on 9 September 2009
Stats: 1,701 views and 5 Comments In 1998 Paul Krugman wrote an attack on the Austrian theory of the business cycle (ATBC), saying that it was about as credible as the “phlogiston theory of fire.” Not surprisingly, he managed not only to mislabel the ATBC (calling it a “Hangover Theory”) but also proved incapable even of ...
Posted in Not So Fast! on 9 September 2009
Stats: 1,701 views and 5 Comments In 1998 Paul Krugman wrote an attack on the Austrian theory of the business cycle (ATBC), saying that it was about as credible as the “phlogiston theory of fire.” Not surprisingly, he managed not only to mislabel the ATBC (calling it a “Hangover Theory”) but also proved incapable even of ...
