Please note that my book Keynes Hayek: The Clash That Shaped Modern Economics is published by W.W.Norton in October.
Professor John B.Taylor says that: “Nicholas Wapshott brings the Keynes-Hayek fight of the 20th century back to life, making the clash both entertaining and highly relevant for understanding economic crises of the 21st century.”
Read an extract at: sites.google.com/site/wapshottkeyneshayek/
Krugman arrogantly/ignorantly side-steps the fundamentals in pointing to Wall Street's "greed" as the fuel on the fire of the economic meltdown. The only way the entire financial sector was able to get so leveraged-up in the first place and keep it going for as long as they did was due to the expansionary monetary policy of the Fed. Austrian Business Cycle Theory has demonstrated repeatedly that the source of the boom-bust cycle is the expansion of credit (i.e "printing money out of thin air)
Peer-reviewed study finds Keynesian Paul Krugman is the most partisan economist. Krugman was the only economist to "significantly" change his stances for partisan reasons. Krugman has even gone so far as to contradict his own findings to bash Republican politicians.
The peer-reviewed research was published in May 2010 issue of the Econ Journal Watch (EJW), edited by Daniel B. Klein.
Seven Nobel laureates are members of the EJW Advisory Council
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Please note that my book Keynes Hayek: The Clash That Shaped Modern Economics is published by W.W.Norton in October.
Professor John B.Taylor says that: “Nicholas Wapshott brings the Keynes-Hayek fight of the 20th century back to life, making the clash both entertaining and highly relevant for understanding economic crises of the 21st century.”
Read an extract at: sites.google.com/site/wapshottkeyneshayek/
Nicholas Wapshott
nhwapshott 8 months ago
Krugman arrogantly/ignorantly side-steps the fundamentals in pointing to Wall Street's "greed" as the fuel on the fire of the economic meltdown. The only way the entire financial sector was able to get so leveraged-up in the first place and keep it going for as long as they did was due to the expansionary monetary policy of the Fed. Austrian Business Cycle Theory has demonstrated repeatedly that the source of the boom-bust cycle is the expansion of credit (i.e "printing money out of thin air)
gergenheimer 1 year ago
This has been flagged as spam show
Peer-reviewed study finds Keynesian Paul Krugman is the most partisan economist. Krugman was the only economist to "significantly" change his stances for partisan reasons. Krugman has even gone so far as to contradict his own findings to bash Republican politicians.
The peer-reviewed research was published in May 2010 issue of the Econ Journal Watch (EJW), edited by Daniel B. Klein.
Seven Nobel laureates are members of the EJW Advisory Council
islandmuffin 1 year ago