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ECONOMIC PLANNING AND THE KNOWLEDGE PROBLEM
ECONOMIC PLANNING KNOWLEDGE PROBLEM welfare economics
2008/12/8
Introduction
Itis nowabout40 years since Professor Hayek decisively Identified
the key misconception underlying mainstream welfare economics.
This misconception, Hayek argued, was responsible for f...
THE KNOWLEDGE PROBLEM UNDER ALTERNATIVE MONETARY REGIMES
MONETARY REGIMES monetary economists KNOWLEDGE PROBLEM
2008/12/8
During the past decade a significant change has occurred in the
kinds of questions explored by monetary economists. Heretofore,
one of the central issues concerned the “rules versus discretion”
deb...