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Friday, December 14, 2012

Former Austrian Bob Murphy "Puts the Boot In"

Over at Nick Rowe's blog:

"I imagine you would see a bunch of different explanations given, if you read Mises, Hayek, Haberler, Rothbard, etc. on the business cycle. And since they would be doing it in words, not a formal model, it would be hard to put our finger on exactly what the claim was."

Ouch, Bob, ouch!

3 comments:

  1. Will someone please tell Bob to comment...

    Senyor

    ReplyDelete
  2. Will someone please tell Bob to comment...

    Senyor

    ReplyDelete
    Replies
    1. I'm sure Bob saw this, and knows I am teasing him... although what he says above is a standard anti-Austrian argument!

      Delete