Sunday, November 15, 2009
Hayek in Muscat Daily
The November 14th edition of Muscat Daily had, surprisingly, an article on Friedrich Von Hayek, one of the giants of the Austrian School of Economics.
Quite a welcome change to the usual coverage of economists in this region, which is normally restricted to the Keynesian apologist, Paul Krugman. Yes, he's won a Nobel Prize, and writes in the New York Times. But that doesn't make him always right. Even coverage of economic througts and ideas do not go much beyond Socialism, Statism, Keynesianism, and on the odd occassion, Monetarism. Seem like quite a lot of 'ism's there. But there's still a lot more not covered.
The said article itself does not paint a good picture. Inexplicably the entire essay has not been printed. Seems to cut off abruptly. The original write-up is available on Bloomberg.