The Dog That Does Not Bark In The Night

Posted on Wednesday, December 9, 2009 at 6:08 pm

charles-rowley.pngCharles Rowley: Where are all the monetarists who used to worry about the inflationary implications of massive increases in the money supply? Where are all the financial economists who used to thrust the efficient capital market hypothesis down the throats of Wall Street brokers? …Outside of public choice and Austrian economics, and such free market stalwarts as Sam Peltzman from Chicago and Harold Demsetz from UCLA, there are vanishingly few would-be free market Georgie Patton’s on the current intellectual battlefield … Go read Prof. Rowley’s blog here!