Mises Daily
Author:
Robert P. Murphy
Online Publish Date:
This year’s Nobel Memorial Prize in Economics goes to two Americans, Thomas Sargent (NYU) and Christopher Sims (Princeton). Officially the award is for “their empirical research on cause and effect in the macroeconomy.” There is no doubt that these two guys are really sharp, and free-market economists can find a lot to like in much of the work of