A Correspondence With A Professor From A Very Prestigious University

This is a series of letters I had with L, a retired professor of economics from a very prestigious university. B, a former student of L’s, introduced me to him, saying that L was an admirer of mine. Our discussion ranged widely over mainstream and Austrian economics, anti-trust law and welfare economics, discussing the contributions of, among others, Milton Friedman and George Stigler. L supported these two Nobel Prize winners in economics; he was a grad student of the latter’s. I was very critical of Friedman and Stigler. I accused the latter, not just in effect, of intellectual dishonesty. This … Continue reading A Correspondence With A Professor From A Very Prestigious University