Economist Friedrich A. Hayek in “The Fatal Conceit: The Errors of Socialism” (1988): “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.”]]>
Friedrich A. Hayek on the "curious task of economics"
Published by Jim Garven
My name is Jim Garven. I currently hold appointments at Baylor University as the Frank S. Groner Memorial Chair of Finance and Professor of Finance & Insurance. I also currently serve as an associate editor for Geneva Risk and Insurance Review. At Baylor, I teach courses in managerial economics, risk management, and financial engineering, and my research interests are in corporate risk management, insurance economics, and option pricing theory and applications. Please email your comments about this weblog to James_Garven@baylor.edu. View all posts by Jim Garven