David Brooks, in this provocative critique of Republican Libertarianism, uses the insights of Hayek without mentioning him...
If John Maynard Keynes and F.A. Hayek got into a fight, who’d win? . . .
As part of his continuing series Making Sense of financial news, Paul Solman has a unique look at the legacy of economist John Maynard Keynes, who first introduced the concept of government intervention in the economy, and his countertenor Friedrich Hayek. . . .
Hoover fellow Russell Roberts is using rap music to make the dismal science far less dismal. By Charles Lindsey.
Richard Epstein, the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution, reminisces about Margaret Thatcher, labor, unions, free trade, and markets. Epstein notes that Thatcher was fine with the European Union being a free trade society but did not want a European Union with centralized regulations. Epstein emphasizes that Thatcher was right concerning the European monetary policies. She was a titan of the twentieth century.
If one had to pinpoint the birth of globalization, a good bet would be Aug. 15, 1971, when President Richard Nixon dropped the U.S. dollar's convertibility to gold...
John Papola and Russ Roberts just put their Hayek versus Keynes rap video on youtube. . . .
The Hoover Institution hosted the Board of Overseers’ Summer Meeting on July 12–14, 2011.
On Tuesday evening, Hoover fellows discussed topics relating to defense, global issues, entitlements, and the state of the economy. Victor Davis Hanson and Bruce Thornton’s speech was titled “America Abroad: Appeasement or Deterrence?” David Brady and John Cogan’s presentation was titled “Entitlements, Debt and Electoral Politics: How Did We Get Where We Are–and Where Do We Go from Here?” In their speech titled “The Road Ahead for the Fed: Two Years Later,” John Taylor and Kevin Warsh discussed the state of the economy today.
The Price of Everything is now available on the Kindle...
Classical liberals and libertarians, especially those who admire the works of the famous legal theorists and economist F.A. Hayek, are fond of pointing out that a free society requires the rule of law...
Menzie Chinn invokes the CBO “estimates” to argue against those who say the stimulus didn’t work. . . .
Planning a podcast with Mike Munger devoted to ten interesting questions, six minutes per question. . . .
Brad DeLong mocks Steve Horwitz here for suggesting that the stimulus didn’t create jobs. . . .
I’m surprised it passed. . . .
Freakonomics has started podcasting and interviewed me the other day about what I would do if I were in charge of the government. . . .
David Leonhardt writes in the New York Times: Just look at the outside evaluations of the stimulus. . . .
There’s a debate going on in the punditsphere about whether America is ungovernable. . . .
The proposed budget is obscene enough. . . .
Soerson writes in the comments to an earlier post: Such an effort is hardly new...