Stigler got it all backwards.George Stigler is a neoliberal ideologue and gets paid well for it.
Naked Keynesianism
George Stigler and the labor theory of valueMatias Vernengo | Associate Professor of Economics, University of Utah
Stigler got it all backwards.George Stigler is a neoliberal ideologue and gets paid well for it.
1 comment:
George S has been was-ing, not is-ing for 20+ years. Can't say I dislike McCloskey's jibe about him (just read it at Wikipedia):
"among the worst historians of economic thought in the history of the discipline" who "read a lot but was defective in paying attention."
But his son Stephen S is a fine historian of probability and statistics, so everything he did wasn't bad.
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