PrestoPundit

THIS IS TIMELY — HAYEK’S WORKS ON BUSINESS CYCLES

Posted by PrestoPundit on 07/24/2008

and monetary theory are now back in print.

If the current generation of monetary economists had been familiar with Hayek’s work, and followed it’s precepts, the current financial crisis simply would not have occurred.  The banking crisis and housing bubble were only made possible by the ignorance of the economists.

And you can quote me on that.

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