>Justin Schwartz wrote:
>
>>It's deep hard stuff.
>
>Hayek? Deep hard stuff? Are you serious? Regardless what you think of
>him, that seems an odd characterization.
Sorry, what can I tell you, it's what I think--at least about the economic calculation stuff, which is where I am Hayekian.
>
>I much prefer Keynes's comments on Prices & Production, a deeply
>bizarre book:
Haven't read that one.
"one of the most frightful muddles I have ever read,
>with scarcely a sound proposition in it beginning with page 45, and
>yet it remains a book of some interest, which is likely to leave its
>mark on the mind of the reader. It is an extraordinary example of
>how, starting with a mistake, a remorseless logician can end up in
>Bedlam. Yet Dr Hayek has seen a vision, and though when he woke up he
>has made nonsense of his story by giving the wrong names to the
>objects which occur in it, his Khubla Khan is not without inspiration
>and must set the reader thinking with the germs of an idea in his
>head."
That's not a bad description of deep hard stuff . . . .
jks
_________________________________________________________________ Chat with friends online, try MSN Messenger: http://messenger.msn.com