What History Did To Economics
History happens. Economics is a fabrication. The intersection between them is the space in which public policy and prospects emerge. Our guest, author and historical scholar Matthew Ehret, has studied the deep historical dynamics that underpinned development of some of the primary economic views of our day such as Hayek’s Austrian austerity and Keynes’ systemic generosity. Ehret says that adherence to one over the other misses the benefit of each and ignores their historical context. Ellen’s conversation with Matt Ehret takes you on an economic history tour of the past 200 years.
