DOES ALAN BLINDER KNOW ANYTHING ABOUT ECONOMICS?

This piece on bubbles and the banks has a sort of grotesque interest for any of you who actually understand how the the Fed manipulates the time structure of the production economy (read some Hayek or some Roger Garrison if you'd like to learn).  Unfortunately, Alan Blinder is not one of them.
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ABOUT THE AUTHOR

Greg Ransom has a degree in Political Science and an advanced degree in Philosophy, with a specialty in the philosophy of science with a special focus on the science of economics. Ransom is well know among scholars writing on the ideas of Friedrich Hayek. Ransom studied with philosophers of science Alex Rosenberg and Larry Wright.