Tag Archives: Bs

“Complete Bunkum”

Bill Frezza with a hilarious send-up of the “science” of macroeconomics.

I confess that the only Hayek book I made it through without my eyes glazing over was “The Fatal Conceit.” It’s a slim volume written later in life, apparently after Hayek discovered humbleness, an unusual discovery for an economist. His thesis is simple – “I don’t care how smart you are, you can’t keep track of all this s**t.”