Admiral Ackbar on Martin Wolf
“It’s a trap!” Martin Wolf is the guy who asked an apparently innocent question about whether the Austrians had the best business cycle theory. It was Wolf’s post that led to the Krugman and DeLong critiques of ABCT. Hey that’s cool, Mr. Wolf is just giving the Austrians a fair shake, right…? Bob Roddis sends […]
Read moreProgressive Pile-Up On the Austrians!!
Good thing we have truth on our side; otherwise I might be nervous. Here’s Yglesias (HT2 Bob Roddis): The great failure of the Obama administration, on domestic policy, has been an inability to communicate at either a mass or an elite level what its diagnosis of the situation is. Are there things that should be […]
Read moreKrugman vs. Austrians
Paul Krugman is a clever fellow. Sensing that I am swamped with other work commitments, he launches an attack on Austrian business cycle theory today on his blog: My view is that the fatal flaw in Austrian economics is that it can’t explain unemployment — or, worse, that it thinks that it can explain unemployment, […]
Read moreLearn Austrian Business Cycle Theory!
(Cross-posted at Mises.org.) I am a very awkward promoter, which is why it’s such a good thing that this online class in Austrian business cycle theory sells itself. Just click the link. We are tentatively scheduling the live lectures at 7pm EST, to accommodate as many time zones as possible. Of course, if you have […]
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