Today Leland Yeager is turning 90. Happy birthday!
Leland Yeager is an amazing scholar. My friend Peter Kurrild-Klitgaard put it very well in a comment on Facebook:
“Such a good scholar and a very nice man. Who speaks Danish. And 10-20 other languages.”
Yes, Pete is right – Yeager speaks an incredible number of languages – but I of course mostly appreciates Yeager’s contribution to monetary thinking.
I consider Yeager (with Clark Warburton) to have been one of the founding father of what we could call Disequilibrium Monetarism and I think that Yeager has written the best ever monetarist “textbook”. As I have put it earlier:
One could of course think I would pick something by Friedman and I certainly would recommend reading anything he wrote on monetary matters, but in fact my pick for the best monetarist book would probably be Leland Yeager’s “Fluttering Veil”.
In…
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Utopia, you are standing in it! 
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