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The 1933 “Mock Trial of the Economists” is occasionally noticed and then interpreted as popular discontent with … economists's “crime” of “conspiracy to spread mental fog” at evidenced by the dueling letters from the Oxbridge economists … (Keynes, Pigou, et al.) and the LSE economists (Hayek, Robbins et al.) From William Beveridge's archives we provide the …
Persistent link: https://www.econbiz.de/10013060248
Economists have occasionally noticed the appearance of economists in cartoons produced for public amusement during …
Persistent link: https://www.econbiz.de/10014196999
Thinking was Gordon Tullock's primary interest in life. He let his thinking roam widely and creatively over his many fields of interest; moreover, Tullock is widely recognized for the robust and creative quality of this thought. He left a valuable legacy. All the same, I think the value of that...
Persistent link: https://www.econbiz.de/10012943490
This essay commemorates James M. Buchanan's life and work by reflecting on my 50 years of association with him, starting in 1963 when I entered graduate school at the University of Virginia and ending with his death in 2013. This essay does not try to add to the substantial secondary literature...
Persistent link: https://www.econbiz.de/10013052457
well as contemporary academic economists and public intellectuals in the policy space to this day 150 years later. This …
Persistent link: https://www.econbiz.de/10014081498
Persistent link: https://www.econbiz.de/10014186461
The bulk of James Buchanan's contributions to political economy occupy 20 volumes in Liberty Fund's collection of his works. Reading those works shows both that Buchanan injected new strands of thought into that tradition and that his oeuvre contains points of apparent incoherence. To speak of a...
Persistent link: https://www.econbiz.de/10012958132
I have been asked to compare James Buchanan's body of work with that of George Stigler for a symposium on Stigler's contributions to economics. I run my exposition through Frank Knight, who exerted strong though different forms of influence over both Stigler and Buchanan. Stigler's oeuvre is...
Persistent link: https://www.econbiz.de/10012943487
illustrates what was deemphasized and what was later carried forward from Knight by the generation of Chicago economists following …
Persistent link: https://www.econbiz.de/10012929307
The business cycle theory of Friedrich A. Hayek offers an explanation for the onset of the Great Depression that is more complete than those of his contemporaries, including Gustav Cassel. Hayek sought to explain why the boom of the 1920s ended in the bust of 1929. In the 1930s, Hayek's theory...
Persistent link: https://www.econbiz.de/10012981891