In a comment to a recent post at Robert Murphy’s blog, Nick Rowe writes,
I always find Hayek too unclear on these questions to have any confidence of capturing what he is saying.
I find this to be equivalent to people who argue that Keynes’ writing was too convoluted to understand. I don’t mean to be rude, or belittle Rowe — I am in no position to do something like that to an economist like Nick Rowe —, but these are the type of statements made by people who obviously have expended little to no effort to actually read these economists. If most Austrians can understand Hayek, then most non-Austrians should be able to understand Hayek.
I find Hayek difficult, because the concepts are difficult and Hayek was truly pushing capital theory ahead during the 1930s (his work was cutting edge stuff, at the time), but I find him clear. Even if he weren’t clear, the best thing about being part of a network of blogging economists is that there’s people to help you get through what you may not completely understand.
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