I forgot about my blog. Here's an econ post, though.
So, I attend a graduate institution that's rather notorious for its free-market philosophy. There are many followers of Freidrich von Hayek and Milton Friedman. This frustrates me for a number of reasons. Several faculty members--and to a greater degree, the students--can get downright nasty about their beliefs, dismissing anyone who supports universal healthcare, for example, as a socialist. I'd best be described as Keynesian, and contrary to popular belief, I don't want to dismantle free markets. I want to make the market system better and more efficient. And I believe that regulation has a role to play in that.
I'm not denying Friedman or Hayek's contributions. I agree with Friedman on many issues--most notably, the natural rate of unemployment, though Ed Phelps deserves credit there too. Friedman was very interested in data and empirical evidence, and I can respect that. I have a harder time with Hayek. He shunned mathematical and statistical analysis of the social sciences because it can't accurately describe the real world. This I vehemently disagree with, but I understand his reasoning and am willing to read and understand.
I had a professor this past spring whose extent of explaining Keynes consisted of drawing an IS-LM curve on the board, muttering a few sentences, and making a nasty comment about Paul Krugman before moving onto to talking about the Coase Theorem. There are many examples, just like this one, and it bothers me deeply.