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Sunday, April 15, 2012

Tyler Cowen Praises Karl Polanyi

And quite rightly, too. Polanyi has a lot to offer. Rothbard's review of The Great Transformation is the single worst book review I have read in my life. (I still crack up at Brian Doherty trying to defend Rothbard's contention that Polanyi exhibited a "worship of the primitive," since Brian had to admit that, in a several-hundred-page book, he could not find a single quote that backed the contention, but still, if you read between the lines carefully enough, and use your imagination...)

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