The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
— Friedrich Hayek
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
— Friedrich Hayek
Friedrich Augustus von Hayek (May 8, 1899–March 23, 1992) was one of the 20th century’s most important social thinkers. He has written seminal works in economics, political philosophy, ethics, legal theory, and even psychology that continue to inform the academic conversation within the fields to this day.
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Although Friedrich Hayek (1899–1992) contributed to many fields over the course of his intellectual career, there is a noticeable theme running through his work. This theme is the fragmented and dispersed nature of human knowledge.
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On an episode of Conversations with Bill Kristol, Christopher DeMuth discusses Hayek, his ideas, and their relevance to today’s debates.