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With the Pols
| Peter Klein | Two years ago I was in D.C. on Hayek-Klein day and found myself on an elevator with Ben Bernanke, upon which I persuaded him to sing me a few bars of Happy Birthday. True story. This...
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Luigi Zingales Blogging on EconLog
| Peter Klein | Luigi Zingales, an important contributor to organizational economics as well as finance and macroeconomics, and frequently cited here at O&M, is guest blogging at EconLog. I’m...
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Social Justice Quote of the Day
| Peter Klein | Hayek, interviewed in 1983 by Encounter: Hayek: “I regard ‘social justice’ as a nonsensical term….” Interviewer: “But do we have the concept of the ‘social market economy’?” Hayek: “May...
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Creativity and Property Rights
| Peter Klein | I haven’t been following the Cato Unbound debate on US copyright law, but Adam Mossoff directs me to Mark Schultz’s post, “Where are the Creators? Consider Creators in Copyright...
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Henderson on Business Ethics
| Dick Langlois | Rebecca Henderson, one of my favorite management scholars, has a new paper (with Karthik Ramanna) on – Milton Friedman and business ethics. Here’s the abstract. Managers and Market...
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Keynes in the Spotlight
| Peter Klein | As the Niall Ferguson kerfuffle begins fading from memory it’s worth revisiting the underlying issue: What kind of person was John Maynard Keynes, and (how) did his social, cultural,...
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More AoM PDWs
| Peter Klein | There are too many good AoM sessions to mention them all — there’s even a Tweet Up for social-media freaks (hey, where’s the Insta-Slam?) — but I’ll mention two more Professional...
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Solution to the Economic Crisis? More Keynes and Marx
| Peter Klein | We’ve previously discussed attempts to blame the accounting scandals of the early 2000s on the teaching of transaction cost economics and agency theory. By describing the hazards of...
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Notes on Inequality
| Peter Klein | Everyone’s talking about inequality. I confess don’t find inequality terribly interesting, intrinsically. Of course, inequality that results from special government privilege — the...
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Microeconomics of Central Banking
| Peter Klein | I have a chapter in a new book edited by David Howden and Joseph Salerno, The Fed at One Hundred: A Critical View on the Federal Reserve System (New York: Springer, 2014). My chapter is...
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