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« Scholarship & A Free Society: A Report | Main | Keynesians stories do not imply Keynesian policies. »

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Economic freedom does not corrulate with social freedom, one must only look to china. Im thinking about this line from Hayek/Keynes, one date point and your jumping for joy.

I have an innovative idea: Every time she speaks she has to allow time for a Deirdre McCloskey rebuttal, or else pay a "tax".

For a classical liberal view of the value of the humanities, folks might want to see this piece by Sarah Skwire in the new issue of The Freeman: http://www.thefreemanonline.org/features/reading-each-other/

Or read anything by Frederick Turner. Or, if I may hubly submit, anything I've written on the humanities.

"Breaking news: Nussbaum to resign named professorship! Modern Diogenes will teach for a subsistence wage!"

Not.

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Lars,What do you make of this (from 1975, h/t Greg Ransom)? “It does not follow [from the fact that a diuiqselibrium generating inflation cannot be allowed to expand forever] that we should not endeavour to stop a real deflation when it threatens to set in. Although I do not regard deflation as the original cause of a decline in business activity, a disappointment of expectations has unquestionably tended to induce a process of deflation — what more than 40 years ago I called a ‘secondary deflation’ — the effect of which may be worse, and in the 1930s certainly was worse, than what the original cause of the reaction made necessary, and which has no steering function to perform.” – F. A. Hayek, “Full Employment at Any Price?”, 1975.

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