History of economic thought: Putting Hayek,Keynes, Minsky and Friedman together…

Mostly Economics

Nice interview of Prof Brad DeLong (HT: Cafe Economics). Cafe Economics nicely sums it up as:

Interestingly, he puts Keynes and Friedman on one side, and Hayek and Minsky on the other side, when it comes to monetary policy responses to the business cycle. Economics is more nuanced than ideology.

:-)You would instead imagine Keynes and Minsky on one side and Hayek and Friedman on the other.
Delong says:

View original post 1,000 more words

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About Jim Rose

Utopia - you are standing in it promotes a classical liberal view of the world and champion the mass flourishing of humanity through capitalism and the rule of law. The origin of the blog is explained in the first blog post at https://utopiayouarestandinginit.wordpress.com/2014/03/12/why-call-my-blog-utopia-you-are-standing-in-it/

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