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Oh Kay!

By Greg Fisher Yesterday INET published a valuable essay written by John Kay entitled “The Map is Not the Territory: An Essay on the State of Economics”.  In this blog I would like to discuss how John’s essay is a useful and fair critique of the state of economics and use his framing to demonstrate […]

Keynes & Hayek – A Synthesis?

I want to argue in this post that we are now well placed to go beyond – even synthesise – the over-rehearsed debate between the Keynes and Hayek. The point I want to emphasise here is that Keynes and Hayek did the best they could with the conceptual tools they had to hand… however, we […]