OMG! John Taylor REALLY Misunderstands Hayek

Uneasy Money

Since Friday’s post about John Taylor’s misunderstanding of Hayek, I watched the 57-minute video of John Taylor’s Hayek Prize Lecture. I will not offer an extended critique of the lecture, which was little more than a collection of talking points based on little empirical evidence and no serious analysis or argument. If that description sounds like a critique, so be it, but the lecture was more in the way of a ritual invocation of shared beliefs and values than an attempt to make a substantive case for a definite policy or set of policies. Whether those present at the lecture were appropriately reinforced in their shared beliefs by Taylor’s low-key remarks and placid delivery, I have no idea, but he obviously was not trying to break any new intellectual ground.

Though I found Taylor’s remarks generally boring, I did perk up about 33-34 minutes through the lecture when Taylor observed…

View original post 1,184 more words


Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s