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Ron Paul made a lot of hay (and fundraising) out of name dropping Hayek. Still Hayek had one idea that is in common use, price signals, but otherwise he's been
by CalChris 9y ago
Ron Paul made a lot of hay (and fundraising) out of name dropping Hayek. Still Hayek had one idea that is in common use, price signals, but otherwise he's been adopted by a partisan crowd.
And the frustrating thing about Keynes is that he failed to acknowledge the simple fact that Keynesian policy only works when every country in the world is not practicing it.
This was nonsense.