Tag Archives: krugman

The Hangover Theory

I could write a whole essay about the dirty tricks Paul Krugman employs in this Slate magazine article from 1998. Instead, I will focus on just one (okay, maybe a few more than one…). Krugman insists that the Austrian theory of the business cycle is a pure misunderstanding of all the Keynesian and post-Keynesian economic “developments”. [...]
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Anthony Gregory on the Fed

Anthony Gregory, Berkeley alum and the editor of Campaign for Liberty, spoke this past Wednesday to campus libertarian club Students For Liberty. The title of his talk was “Monopoly Money: Business Cycles and the Federal Reserve.” Gregory explained how the Austrian business cycle, F.A. Hayek’s Nobel winning formulation, relates to the current financial crisis. The story goes [...]
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