The HAYEK LECTURE SERIES at Duke University will feature the 2012 Manhattan Institute’s 2012 Hayek Prize winner John B. Taylor. The lecture titled “Why We Still Need To Read Hayek” will be delivered Wednesday, April 10, 2013 12:00 noon in the Breedlove Room‐Perkins Library.
Taylor delivered a similarly titled lecture last year at the Manhattan Institute available here:
The 1920s was a period when price stabilization proposals a la Irving Fisher were influential in policy and central banking circles.
Thomas J. DiLorenzo in this 2004 Mises Daily, “The New Deal Debunked (again)”, provides detail on the work by Cole and Ohanian behind the Ohanian video highlighted on Mark Thornton’s Circle Bastiat post “The Rothbard/Higgs/Vedder and Gallaway Thesis. Highlights from DiLorenzo:
Murray Rothbard argued that the cause of the Great Depression was the result of Herbert Hoover’s New Deal policies which sought to keep wages and profits high. Robert Higgs, Richard Vedder and Lowell Gallaway extended this thesis to FDR’s New Deal policies which created artificially high prices and profits and prevented the normal market correction processes, reduced employment and consumer demand.
John O’Donnell interviews Walter Block. The interview begins around the 7 minute mark. Rothbard, the inflation-deflation debate, Ron Paul, and Walter’s new book are discussed.
Romain Hatchuel summarizes life in socialist France very well (”What’s French for ‘Economic Nonsense‘?,” op-ed, March 29).
I wrote this letter to the editor in response to the article.
Here is the story of the Irish Austrian economist, Richard Cantillon.
Bryan MacMahon on the life and mysterious death of Irish economist Richard Cantillon, who became one of the wealthiest men of the 18th century
For years we have been told that Japan is a fallen giant that was crippled by the stock market crash of 1989 and has yet to recover. The new Japanese political leadership has used this story to argue for higher inflation targets that would double the money supply and national debt to get Japan out of its malaise.
Apparently the media does not like the new book by David Stockman. Here Bloomberg columnist Clive Crook condemns Stockman for his analysis of government policy over the last 70 years, even though he admits the Austrian Business Cycle theory is probably the best explanation for the current crisis.
Apparently Stockman is too much like Ron Paul—right!
