john maynard keynes

When Mises met Keynes

On June 23, 1926 John Maynard Keynes delivered an unusual economics lecture at the University of Berlin. This event has gone almost completely unnoticed by Keynes’ principle biographers despite what would seem to be a historically significant product. A few months after the event, Keynes heavily edited the Berlin lecture into his well known essay, “The End of Laissez-Faire.”

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Babies cause low wages and unemployment, Keynes Edition

Earlier this week Paul Krugman ventured into the history of economic thought as part of his longstanding blog crusade against Austrian business cycle theory. The post presents Krugman’s own truncated synopsis of another anonymous blogger’s not particularly dispassionate summary of what an incomplete review of the secondary literature has to say on Ludwig von Mises’ early reactions to the

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