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Friedrich von Hayek
This is a few years old now, but it still gets a laugh out of me. With the focus on the Fed and quantitative easing these days, it’s worth another watch.
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In the new 2011 edition of his magnum opus Debunking Economics: The Naked Emperor Dethroned, Australian economics professor Steve Keen comes out guns blazing, blasting the “Panglossian view” of neoclassical economics that did so much to get us into the credit boom and bust that we are still struggling to recover from. Keen, unlike most...
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