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The Economics of Illusion
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Dr. L. Albert Hahn has long enjoyed a high reputation in Europe,
as well as among German-speaking and German-reading economists
throughout the world. But linguistic barriers, unfortunately, are
still real. Economic thought is not yet an international unit. It is
still broken to a large extent into nationalistic or linguistic compartments,
which tend to influence each other only sluggishly and
often with a deplorable time lag. That is the only reason why
Albert Hahn needs any introduction to American readers.
In the following pages some of his recent thinking is made available
for the first time in book form in English. We owe this not
to a translator, but (as with other talented writers in the forced
exile of recent years) to Dr. Hahn's own acquisition of the skill to
compose in a second language since he has made his home in
New York.
It is unnecessary for me to give here any exposition of Dr. Hahn's
contributions to economic thought, or even a biographical sketch.
Both tasks have been done adequately by others. It is enough to
point out that Dr. Hahn enjoys an enormous advantage as an
analyst of Keynesian fallacies. As he has reminded us himself:
"all that is wrong and exaggerated in Keynes I said much earlier
and more clearly." This intellectual head start enables him to approach
and dissect the errors of the Keynesians on their own
ground and on some of their own premises.
L. ALBERT HAHN - Personal Name
1st Edition
NONE
The Economics of Illusion
Management
English
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