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Posted By Don Boudreaux On April 30, 2013 @ 5:54 pm In Complexity & Emergence,Data,Debt and Deficits,Economics,Hubris and humility,Man of System,Monetary Policy,Video | Comments Disabled
John Taylor offers wise advice  – I’d call it an expression of “Hayekian-Friedmanite-Buchanesque wisdom” were that term not so clunky – on rules in general, and on monetary policy specifically. (The need for Taylor to offer such advice is, I dare say, further evidence in support of my hypothesis, expressed earlier today , about a foundational belief of champions of discretionary and powerful government.)
My interest in methodology has waned – which is not to say that my belief in the importance of sound methods – and, hence, in the importance of sound and systematic study of methods (that is, methodology) – has diminished (for it has not). But because long ago at NYU I took a course in methodology from the great Fritz Machlup, this paper by Gabriel Zanotti and Nicolas Cachanosky grabs my attention . I’m likely to read it soon.
Finally, here’s a snippet of a talk that I gave last Monday at Middle Tennessee State University  – the undergraduate alma mater of Jim Buchanan .
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URLs in this post:
 John Taylor offers wise advice: http://johnbtaylorsblog.blogspot.com/2013/04/a-key-issue-in-monetary-policy-debate.html
 my hypothesis, expressed earlier today: http://cafehayek.com/2013/04/quotation-of-the-day-619.html
 Speaking of John Taylor’s wisdom, here’s more: http://johnbtaylorsblog.blogspot.com/2013/04/another-take-on-reinhart-rogoff.html
 Here’s wisdom from Bryan Caplan: http://econlog.econlib.org/archives/2013/04/the_evasion_of.html
 The urbane Troy Camplin: http://www.fee.org/the_freeman/detail/the-beautiful-city#axzz2Rwxz8h7b
 this paper by Gabriel Zanotti and Nicolas Cachanosky grabs my attention: http://www.coordinationproblem.org/2013/04/implications-of-machlups-interpretation-of-misess-epistemology.html
 I second the advice offered here by Frank Stephenson – and, indeed, would extend it to politicians of all ranks and parties: http://divisionoflabour.com/archives/2013_04.php#008185
 I also second the sage advice offered by Richard Rahn: privatize nearly everything in sight: http://www.washingtontimes.com/news/2013/apr/30/privatize-almost-everything/
 Here’s Jerry O’Driscoll’s remembrance of Armen Alchian: http://thinkmarkets.wordpress.com/2013/04/04/remembering-armen-alchian/
 here’s a snippet of a talk that I gave last Monday at Middle Tennessee State University: http://www.youtube.com/watch?v=whMTl5dLWFA
 Jim Buchanan: http://www.econlib.org/library/Enc/bios/Buchanan.html
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