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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Mike M2 who wrote (145759)1/23/2002 10:13:30 PM
From: pater tenebrarum   of 436258
 
well, not really...but here's a recent reference to Hayek's '29 prediction by a contemporary economist, including quotes decrying the evil of the central banks:
it begins, ominously:
<<<Friedrich Hayek (1899-1992), a Nobel Laureate in economics, was one of the "all stars" of the Austrian School of economics. One of Hayek's claims to fame is that he predicted in February 1929 an impending business crisis in the U.S. What did he see then that led him to this prediction? If Hayek were alive today, what might he be predicting now for the U.S. economy? >>>

what indeed?

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