Back in 2001, supermiddleweight boxer James Butler was heavily fined and barred from the sport for sucker-punching his opponent instead of congratulating him after being bested in a match. Alas, there are no similar penalties for late sucker punches delivered after economics debates, or else the BBC-sponsored…
As I pointed out in a previous post, in the course the BBC/LSE "Hayek versus Keynes" debate the Keynesian side made some claims to which I had no opportunity to respond. My earlier post addressed some of them, but left another alone. This was Lord Skidelsky's claim,…
This morning over breakfast at the neighborhood bakery, I read a very nice article in the New York Times concerning the "unconventional" views of Kansas City Fed President Thomas Hoenig–views that have made Hoenig my own favorite Fed insider for some years now. Hoenig's beliefs, as summarized…
Last week's debate has naturally generated some response from defenders of Keynes who have found fault with my and Jamie Whyte's characterization of Keynes's views, or who have simply found fault with our…personalities! Over at Tax Research UK, for instance, Richard Murphy and some of his friends…
BBC Radio 4 is about to air the debate between myself and Jamie Whyte (defending Hayek) and Lord Skidelsky and Duncan Weldon (defending Keynes),so I thought I might supply a little background on it for the sake of anyone who may be interested in how these things…