Except to Hayekian fanatics, it seems obvious that the coordinated global stimulus of 2009 stopped the slide into another Great Depression.
Source: wiktionary
Hayekian
Synonyms for "hayekian"
Ranked by relevance and common usage.
Sample sentences
3 total sentences available.
Although Keynes focused on investment, not pricing decisions, the beauty contest analogy implicitly refers to the same key elements that govern departures from the Hayekian benchmark: forward-looking investment decisions which require agents to forecast future market conditions, complementarities that introduce a need to forecast other investors’ expectations, and the focus on stock markets in which there tends to be a significant and persistent common value component.
Source: wiktionary
One morning in April, the S&P 500 jumped 6% after a viral rumour that Trump’s tariff policy was being paused – a rumour the Financial Times traced back to a pseudonymous X user named Walter Bloomberg, based in Switzerland, with no offline credentials whatsoever. A Hayekian might point out that the error was quickly corrected – the market dropped 6% again within the hour – but this was a manifestly stupid turn of events.
Source: wiktionary