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	<title>Monty Pelerin&#039;s World &#187; Econ 201</title>
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	<link>http://www.economicnoise.com</link>
	<description>Economics, Finance and Politics Through The Prism of Classical Liberalism</description>
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		<title>Economists Have No Clothes</title>
		<link>http://www.economicnoise.com/2010/12/03/economists-have-no-clothes/</link>
		<comments>http://www.economicnoise.com/2010/12/03/economists-have-no-clothes/#comments</comments>
		<pubDate>Fri, 03 Dec 2010 13:40:57 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[bias]]></category>
		<category><![CDATA[Econ 201]]></category>
		<category><![CDATA[Favorites]]></category>
		<category><![CDATA[History]]></category>
		<category><![CDATA[knowledge]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Economists have no clothes]]></category>
		<category><![CDATA[James Buchanan]]></category>
		<category><![CDATA[Knowledge]]></category>
		<category><![CDATA[scientism]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=16200</guid>
		<description><![CDATA[Economics as taught and practiced these days has been severely removed from its original methodology. It is a social science that has been dominated by physical science methodologies. It suffers from what Friedrich Hayek termed &#8220;scientism.&#8221; James M. Buchanan, Nobel Laureate, is ninety years old and one of the great economists of our time. His <a href='http://www.economicnoise.com/2010/12/03/economists-have-no-clothes/'>[...]</a>]]></description>
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		<title>John Maynard Dracula will not die easily</title>
		<link>http://www.economicnoise.com/2010/09/27/john-maynard-dracula-will-not-die-easily/</link>
		<comments>http://www.economicnoise.com/2010/09/27/john-maynard-dracula-will-not-die-easily/#comments</comments>
		<pubDate>Mon, 27 Sep 2010 11:32:13 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Econ 201]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Keynesian]]></category>
		<category><![CDATA[Economic Troubles]]></category>
		<category><![CDATA[Keynesian Economics]]></category>
		<category><![CDATA[Maynard Keynes]]></category>
		<category><![CDATA[Richard Mckenzie]]></category>
		<category><![CDATA[Stagflation]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=14194</guid>
		<description><![CDATA[Richard McKenzie writes on Keynesian economics: The country will learn anew an old lesson: Don’t count on the federal government to wave away the country’s economic troubles with some refurbished fiscal wand. The wand didn’t work in the 1960s and 1970s (it only contributed to “stagflation”). The wand is an illusion that should have died <a href='http://www.economicnoise.com/2010/09/27/john-maynard-dracula-will-not-die-easily/'>[...]</a>]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Year Ago &#8211; Monetarists vs Keynesians</title>
		<link>http://www.economicnoise.com/2010/09/20/year-ago-monetarists-vs-keynesians/</link>
		<comments>http://www.economicnoise.com/2010/09/20/year-ago-monetarists-vs-keynesians/#comments</comments>
		<pubDate>Tue, 21 Sep 2010 00:21:39 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[A Year Earlier]]></category>
		<category><![CDATA[Econ 201]]></category>
		<category><![CDATA[Friedman]]></category>
		<category><![CDATA[Keynesian]]></category>
		<category><![CDATA[Monetarist]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=13969</guid>
		<description><![CDATA[Originally posted: Sep 11 2009 The referenced article is a talk given at the Chicago Fed. It discusses the Monetarist vs. “Output-gappers” views on inflation and deflation. Monetarists are probably represented best by the late Milton Friedman. Output-gappers are best represented by Keynesians such as Paul Krugman.I favor Friedman as opposed to the output-gap position. <a href='http://www.economicnoise.com/2010/09/20/year-ago-monetarists-vs-keynesians/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
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		<title>The Downfall of Economics</title>
		<link>http://www.economicnoise.com/2010/09/19/the-downfall-of-economics/</link>
		<comments>http://www.economicnoise.com/2010/09/19/the-downfall-of-economics/#comments</comments>
		<pubDate>Sun, 19 Sep 2010 13:34:22 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Econ 201]]></category>
		<category><![CDATA[Fed]]></category>
		<category><![CDATA[Keynesian]]></category>
		<category><![CDATA[David Colander]]></category>
		<category><![CDATA[Dismal State]]></category>
		<category><![CDATA[National Science Foundation]]></category>
		<category><![CDATA[President Eisenhower]]></category>
		<category><![CDATA[Project Allocations]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=13914</guid>
		<description><![CDATA[Two outstanding articles for those who want to understand how economics slipped to its dismal state. Both illustrate the wisdom and prescience of President Eisenhower who said in his farewell address:  &#8220;The prospect of domination of the nation&#8217;s scholars by Federal employment, project allocations, and the power of money is ever present – and is <a href='http://www.economicnoise.com/2010/09/19/the-downfall-of-economics/'>[...]</a>]]></description>
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		<slash:comments>1</slash:comments>
		</item>
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		<title>Econophiles from the Austrian Tribe</title>
		<link>http://www.economicnoise.com/2010/09/07/econophiles-from-the-austrian-tribe/</link>
		<comments>http://www.economicnoise.com/2010/09/07/econophiles-from-the-austrian-tribe/#comments</comments>
		<pubDate>Tue, 07 Sep 2010 10:41:35 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Econ 201]]></category>
		<category><![CDATA[ethics]]></category>
		<category><![CDATA[knowledge]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[Austrian Economics]]></category>
		<category><![CDATA[Economics Education]]></category>
		<category><![CDATA[Hayek]]></category>
		<category><![CDATA[History Of Economic Thought]]></category>
		<category><![CDATA[Mario Rizzo]]></category>
		<category><![CDATA[mises]]></category>
		<category><![CDATA[Philosophical Aspects]]></category>
		<category><![CDATA[Undergraduate Economics Students]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=13618</guid>
		<description><![CDATA[For econophiles, you might be interested in Thinkmarkets. They specialize in Austrian Economics. I receive regular emails from them with their latest updates. I thought the following would be of interest to those interested in exploring Austrian economics in more depth. Especially useful is the reading list included in the linked-to syllabus. Broadening Economics Education <a href='http://www.economicnoise.com/2010/09/07/econophiles-from-the-austrian-tribe/'>[...]</a>]]></description>
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