I Really Think That People Have To

[i]f One Asks What Substantive Contributions [f. A. Hayek] Made To Our Understanding Of How The World Works, One Is Left At Something Of A Loss. Were It Not For His Politics, He Would Be Virtually Forgotten.

I Don't Want A Job In The Administration; I Think I'm More Effective Carping From The Sidelines.

Our Popular Economics Writers, However, Are Not In The Business Of Giving Their Readers A Ringside Seat On The Research Action; With No Exception I Can Think Of, They Use Their Books To Do An End Run Around The Normal Structure Of Scholarship, To Preach Ideas That Few Serious Economists Share. Often, These Ideas Are Not Just At Odds With The Professional Consensus; They Are Demonstrably Wrong, And Sometimes Terminally Silly. But They Sound Good To The Unwary Reader.

The Real Danger With Debt Is What Happens If Lots Of People Decide, Or Are Forced, To Pay It Off At The Same Time.

There Are No Atheists In Foxholes And There Are No Libertarians In Financial Crises.