Deflationary Purges

18th Annual Hayek Lecture

Capitalism 3.0

FT.com / Comment / Opinion - A fruitless clash of economic opposites
The “Keynesians” seem not to have studied Keynes and the neoclassicals misread or do not read Hayek. No wonder fallacies abound. via www.ft.com

Stop telling me to cheer up
An Australian psychology expert who has been studying emotions has found being grumpy makes us think more clearly. In contrast to those annoying happy types, miserable people are better at decision-making and less gullible, his experiments showed. Introspectively, this makes...

New categories
Since we started this blog in 2004 most of my posts have fallen into a category labeled 'economics'. It's time to be a little more specific. In line with my three main areas of research, most of my posts will...

Steve Baker - Wycombe candidate for the Conservatives
I have just heard that the Wycombe Conservative Association have chosen Steve Baker to be their parliamentary candidate at the next general election (see here for more details). This is very exciting news. I have known Steve personally for some...

I might have it wrong on legal tender
During the Q&A after a talk I gave at the LA Conference last Sunday (video, I believe, to follow), a discussion arose on legal tender laws. This is important to me because I advocated a repeal of legal tender laws...