Austrian economist Friedrich Hayek is making a comeback and some of his ideas would provide great alternatives to the policies currently pursued by the Obama administration, says economist Russ Roberts in a recent Wall Street Journal article. According to Roberts, Hayek highlighted the Fed's role in the business cycle:
Policy Bulletin
Publish date: 13 July 2010 Views: 416
The views expressed in the article are the author’s and are not necessarily shared by the members of the Foundation.