Difference between revisions of "John Quiggin/Zombie"
From Critiques Of Libertarianism
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| text = On the natural interpretation, shared by everyone in mainstream economics from Samuelson to Stigler, this book [ [[The Road to Serfdom]] ], which argued that the policies advocated by the British Labour Party in 1944 would lead to a totalitarian dictatorship, was a piece of misprediction comparable to Glassman and Hassett's Dow 36000. So what is going on in the minds of the buyers? Are they crazy? Do they actually think that Hayek was proven right after all? Is there a defensible interpretation of Hayek that makes sense? The answers are "Yes", "Yes" and "No". | | text = On the natural interpretation, shared by everyone in mainstream economics from Samuelson to Stigler, this book [ [[The Road to Serfdom]] ], which argued that the policies advocated by the British Labour Party in 1944 would lead to a totalitarian dictatorship, was a piece of misprediction comparable to Glassman and Hassett's Dow 36000. So what is going on in the minds of the buyers? Are they crazy? Do they actually think that Hayek was proven right after all? Is there a defensible interpretation of Hayek that makes sense? The answers are "Yes", "Yes" and "No". | ||
| − | | cite = [[John | + | | cite = [[John Quiggin]], [http://crookedtimber.org/2010/10/01/hayeks-zombie-idea Hayek's Zombie Idea] |
}} | }} | ||
