This year, we rightly celebrate Einstein’s science, but certainly not his economics that he shared freely and widely with scholars and policy makers of his era. Fortunately, we can thank a host of pro-market public academics and intellectuals –most notably Friedrich Hayek, Milton Freidman, and Bill Buckley -- for ensuring that the folly of Einstein’s economic reasoning would today be widely recognized.
http://www.cambridge.org/resources/0521859816/3695_Written%201%20Economics%20of%20Albert%20Einstein.pdf