Tuesday, June 29, 2010

The Return of Friedrich Hayek

"With the failure of Keynesian stimulus, the late Austrian economist’s ideas on state power and crony capitalism are getting a new hearing," writes Russ Roberts of George Mason University, quoted by Karen De Coster — Austrian Economics in the WSJ … Again.

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2 Comments:

Blogger Lee Hamilton said...

That was fast.

1:14 AM  
Blogger The Western Confucian said...

Exactly. Weren't "we all Keynesians now" (as if we were ever anything else) just a few weeks ago?

1:17 AM  

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