On Tue, Jan 28, 2014 at 12:34 PM, Jim Farmelant wrote:
>
>
> Friedrich Hayek was of the same view too, like his mentor, Mises. Many
> contemporary neoclassical economists have similar views of economic crises
> too- if only wages were downwardly flexible enough, then markets would soon
> clear,
Friedrich Hayek was of the same view too, like his mentor, Mises. Many
contemporary neoclassical economists have similar views of economic crises too-
if only wages were downwardly flexible enough, then markets would soon clear,
and all would be well again. BTW I would point out that back in
