Brilliant Economist

Common Sense Economics, by Albert Hahn. 244 pp. New York: Abelard-Schuman. $4.50

In the two supposedly “non-socialist” camps of Western economists, the many Keynesians (with their intermural bickering) and the much fewer non-Keynesians (also bickering in-termurally), L. Albert Hahn stands in the forefront among the non-Keynesians. Dr. Hahn is a Swiss banker turned economist, and in his earlier work, The Economics of Illusion, he admitted he was “a Keynesian before Keynes”: in this book he set his economic writings of the 1920’s against Keynes’ “General Theory” of the 1930’s; and the similarity was quite striking.

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William H. Peterson

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Economics

Common Sense Economics, by Albert Hahn. 244 pp. New York: Abelard-Schuman. $4.50

In the two supposedly “non-socialist” camps of Western economists, the many Keynesians (with their intermural bickering) and the much fewer non-Keynesians (also bickering in-termurally), L. Albert Hahn stands in the forefront among the non-Keynesians. Dr. Hahn is a Swiss banker turned economist, and in his earlier work, The Economics of Illusion, he admitted he was “a Keynesian before Keynes”: in this book he set his economic writings of the 1920’s against Keynes’ “General Theory” of the 1930’s; and the similarity was quite striking.