Friday 4 January 2008

Boettke on misinformation about "free market ideology"

This article in the New York Times on the "free market ideology" induced the following response from Peter Boettke at The Austrian Economists blog:
The problem is that various statements in the piece are so misinformed theoretically, empirically, and policy application wise that it is hard to know where to start to set the matter straight. But the article is extremely useful as a means to remind us as economic educators that our work is cut out for us and that it does take varied reiterations to force alien concepts upon reluctant minds.

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