Escape from Democracy: The Role of Experts and the Public in Economic Policy by David M. Levy

Author:David M. Levy [Levy, David M.]
Language: eng
Format: epub
Publisher: Cambridge University Press
Published: 0101-01-01T00:00:00+00:00

3 By the late nineteenth century, economists such as William Stanley Jevons increasingly placed themselves outside the model as an all-knowing theorist who wrote of a perfectly informed consumer. See Peart (1995).

4 Historians as well as the participants have long been puzzled by this outcome (Elzinga 1992; Colander and Landreth 1996, 1998; Samuelson 1997).

5 This in turn explains why one of von Mises’s students, F. A. Hayek, declined to endorse William Buckley’s God and Man at Yale, the last of the major statements against the new economics textbooks (Peart and Levy 2013).

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