Difference between revisions of "Daniel Kuehn: Maynard, Fred, Gus and Ralph on the History of Macroeconomics/Hayek"
From Critiques Of Libertarianism
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| text = On Hayek… in my view, there are four Hayeks, one good, and three of varying degrees of badness: | | text = On Hayek… in my view, there are four Hayeks, one good, and three of varying degrees of badness: | ||
| − | + | # The good Hayek of the price system as a discovery and information transmission mechanism, of the importance of entrepreneurship, and of private property and the rechstaat as guarantees of individual liberty. | |
| − | + | # The bad Hayek who prefers Augusto Pinochet to Helmut Schmidt. | |
| − | + | # The worse Hayek who had his head completely up his posterior on economic policy during the Great Depression. | |
| − | + | # The worst-of-all Hayek. The one who when Keynes praises the Road to Serfdom and pronounces himself in "not just agreement, but deeply moved agreement with it" responds "no you are not!" | |
| cite = [[Brad DeLong]], "{{Link | Daniel Kuehn: Maynard, Fred, Gus and Ralph on the History of Macroeconomics}}". | | cite = [[Brad DeLong]], "{{Link | Daniel Kuehn: Maynard, Fred, Gus and Ralph on the History of Macroeconomics}}". | ||
}} | }} | ||
