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William Easterly and the Pitfalls of Foreign Intervention »

In one of my recent blog posts, I discussed the work of NYU economist William Easterly. In particular, I noted how his work on the pitfalls of modern economic development planning bear a striking resemblance to the work and ideas of F. A. Hayek and James M. Buchanan. Easterly makes a distinction between “planners”...
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Easterly, Buchanan, Hayek, and Economic Development »

When I was an undergraduate student, the vast majority of my readings came from textbooks. For several years I looked at supply and demand graphs, calculated unemployment rates and elasticities, and answered questions about how changes in particular variables would impact inflation and economic growth according to various models. During my senior year, however, our economic...
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