Billy Foster, PhD

Billy Foster

Clinical Assistant Professor of Economics at

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Quotations

The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. — John Maynard Keynes, The General Theory of Employment, Interest and Money (1935)

Posts Tagged ‘austrian economics’

In Fear the Boom and Bust, John Maynard Keynes and F. A. Hayek, two of the great economists of the 20th century, come back to life to attend an economics conference on the economic crisis.