A “Kleinian” Version of Austrian Business Cycle Theory

by Gene Callahan The next phase in my (now our, as I've taken on a colleague) project of thinking through Dan Klein's Knowledge and Coordination¬†is to see how his ideas might be used to help describe business cycle theories and demonstrate¬†commonalities they share. Note: the point of the present exercise is simply to try to … Continue reading A “Kleinian” Version of Austrian Business Cycle Theory

Spontaneous or Planned: A Sharp Dichotomy, or a Gradient?

by Gene Callahan I am writing a solicited comment for Dan Klein's new book, Knowledge and Coordination: A Liberal Interpretation, for the journal Studies in Emergent Order. This is an especially interesting task for me, as Klein's topic is obviously vital to my preliminary work on social cycles. And Dan is always an intelligent and … Continue reading Spontaneous or Planned: A Sharp Dichotomy, or a Gradient?