Tag: Applied Economics

Books

A Reply to Dr. Hayek

– Keynes, J.M. “A Reply to Dr. Hayek.” Economica 12 (November 1931): 387–397.
Excerpt: “In an article recently published, Dr. Hayek has invited me to clear up some ambiguities of terminology which he finds in my Treatise of Money, and also other matters. As he… More

A Regulated Gold Standard

– “A Regulated Gold Standard.” The Economist (May 11, 1935).
Excerpt: “It is still impossible to predict when conditions will make a solution of international currency problems appear practicable. This does not mean that it is too early to ask… More

Collectivist Economic Planning: Critical Studies on the Possibilities of Socialism

Collectivist Economic Planning: Critical Studies on the Possibilities of Socialism. Edited with an Introduction and a Concluding Essay by F. A. Hayek. Contributions by N. G. Pierson, Ludwig von Mises, Georg Halm, and Enrico Barone. London: George Routledge & Sons, 1935.
Excerpt: “There is reason to believe that we are at last entering an era of reasoned discussion of what has long uncritically been assumed to be a reconstruction of society on… More

Economic Planning in Soviet Russia

– Boris Brutzkus. Economic Planning in Soviet Russia. Edited and prefaced by Friedrich A. Hayek. London: George Routledge & Sons, 1935; xvii, 234 pp.
From a review: These two volumes, together with a translation (yet to appear) of Mises’ Die Gemeinwirtschaft, constitute a formidable counterattack by laissez-faire on all forms of… More

The International Monetary Situation

– “La situation monétaire internationale.” Bulletin Périodique de la Societé Belge d'Études et d'Expansion (Brussels), No. 103. (1936).

The Gold Problem

– “Das Goldproblem.” Österreichische Zeitschrift für Bankwesen 2 (1937).

Economic Conditions of Inter-State Federation

– “Economic Conditions of Inter-State Federation.” New Commonwealth Quarterly 5 (London, 1939).
Excerpt: “It is rightly regarded as one of the great advantages of inter-state federation that it would do away with the impediments as to the movement of men, goods, and capital… More

Socialist Calculation: The Competitive ‘Solution’

– “Socialist Calculation: The Competitive ‘Solution’.” Economica N.S. 7 (May 1940): 125–149.
Excerpt: “Two chapters in the discussion of the economics of socialism may now be regarded as closed. The first deals with the belief that socialism will dispense entirely with… More

A Commodity Reserve Currency

– “A Commodity Reserve Currency.” Economic Journal 53 (1943).
Excerpt: “The gold standard as we knew it undoubtedly have some grave defects. But there is some danger that the sweeping condemnation of it which is now the fashion may have secure… More

The Case of the Tyrol

The Case of the Tyrol. London: Committee on Justice for the South Tyrol, 1944.

Time-Preference and Productivity: A Reconsideration

– “Time-Preference and Productivity: A Reconsideration.” Economica, N.S. no. 4, 12 (February 1945): 22–25.
Excerpt: “The question I wish here to reconsider is in the 1st instance the purely theoretical one of the relative importance, in determining the marginal productivity of investment,… More

Professor Hayek on German Socialism

– Heimann, E. “Professor Hayek on German Socialism.” The American Economic Review. 35 (1945): 935–937.
Excerpt: Mr. Hoselitz’s criticism of  Hayek’s chapter XII—or rather of his pages 168 and 169—is right as far as it goes. Bebel’s utterance was ironical; why else… More

Professor Hayek on German Socialism

– Hoselitz, B.F. “Professor Hayek on German Socialism.” The American Economic Review 35 (1945): 926–934.
Excerpt: “In chapter XI of his recent book, the Road to Serfdom, Prof. Hayek undertakes to show that the philosophy of German national socialism as it has its roots in the teachings… More

Professor Hayek’s Philosophy

– Murray, A.H. “Professor Hayek's Philosophy.” Economica 12 (August 1945): 149–162.
Excerpt: “In a series of articles the importance of which cannot be overestimated for the theory of method of economics, entitled Scientism and the Study of Society, Prof. Hayek… More

Full Employment

– “Le plein emploi.” Economie Appliquée 1, no. 2–3, (Paris, 1948): 197–210.

Substitute for Foreign Aid

– “Substitute for Foreign Aid.” The Freeman 3 (April 6, 1953): 482–484.
Excerpt: “For the time being financing for rearmament has in a large measure taken the place of other forms of capital movements to Europe. But this provides only a partial and… More

Capitalism and the Historians

Capitalism and the Historians. Edited and introduced by F. A. Hayek. London: Routledge & Kegan Paul, and Chicago: University of Chicago Press, 1954.
Excerpt: “The influence which the writers of history thus exercise on public opinion is probably more immediate and extensive than that of the political theorists who launch new… More

Progressive Taxation Reconsidered

– “Progressive Taxation Reconsidered.” In: Mary Sennholz (ed.) On Freedom and Free Enterprise: Essays in Honor of Ludwig von Mises. Princeton: D. von Nostrand Co., 1956
Excerpt: “Among the measures of economic policy which are gradually transforming our society and producing far-reaching results which few people yet clearly grasp, few are as firmly… More

Inflation Resulting from the Downward Inflexibility of Wages

– “Inflation Resulting from the Downward Inflexibility of Wages.” In: Committee for Economic Development (ed.) Problems of United States Economic Development, New York: 1958, Vol. I, pp. 147–152.
Excerpt: “Contrary to what is widely believed, the crucial results of the “Keynesian revolution” is the general acceptance of a factual assumption and, what is more, of an… More

The Reality of a Teaching

– “Attualitá di un insegnamento,” In: Angelo Dalle Molle, ed. Il Maestro dell’ Economia di Domani (Festschrift for Luigi Einaudi on his 85th Birthday). Verona, 1958, pp. 20–24.

Unions, Inflation and Profits

– “Unions, Inflation and Profits.” In: Philip D. Bradley (ed.) The Public Stake in Union Power. Charlottesville, University of Virginia Press: 1959.
Excerpt: “Tendencies are observable in the field of labor economics which most seriously threaten our future prosperity. The developments which are bringing this about are not of… More

The Economics of Abundance

– “The Economics of Abundance,” in Henry Hazlitt, ed. The Critics of Keynesian Economics. Princeton and London: Van Nostrand Co., 1960, pp. 126–130.
Excerpt: “Now in such a situation, in which abundant unused reserves of all kinds of resources, including all intermediate products, exist, may occasionally prevail in the depths of… More

The Corporation in a Democratic Society: In Whose Interest Ought It and Will It Be Run?

– “The Corporation in a Democratic Society: In Whose Interest Ought It and Will It Be Run?” In: M. Anshen and G. L. Bach (eds.)Management and Corporations 1985. New York: McGraw-Hill, 1960.
Excerpt: “My thesis will be that if we want effectively to limit the powers of corporations to where they are beneficial, we shall have to confine them much more than we have yet done… More

Prof. Hayek and the Concertina Effect

– Kaldor, N. “Prof. Hayek and the Concertina Effect.” In Economica N.S. 9 (1942): 148–176; reprinted in: Kaldor, Essays on Economic Stability and Growth. London: Duckworth, 1960
Excerpt: “It was more than ten years ago that Prof. Hayek first fascinated the academic world of economists by a new theory of industrial fluctuations which in theoretical conception,… More

The ‘Non Sequitur’ of the ‘Dependence Effect’

– “The ‘Non Sequitur’ of the ‘Dependence Effect’.” The Southern Economic Journal 27 (April 1961).
Excerpt: “For well over a hundred years the critics of the free enterprise system have resorted to the argument that if production were only organized rationally, there would be no… More

The Hayek Story

– Heimann, E. “The Hayek Story.” In Critical Essays in Monetary Theory. Oxford University Press: 1967.

The Trend of Economic Thinking

– “The Trend of Economic Thinking,” Studies in Philosophy, Politics and Economics. London: Routledge & Kegan Paul, 1967/1969;  
Excerpt: “The position of the economists in the intellectual life of our time is unlike that of practitioners of any other branch of knowledge. Questions for whose solution his… More

Roads to Freedom: Essays in Honour of Friedrich A. von Hayek.

– Streissler, Erich et al. eds. Roads to Freedom: Essays in Honour of Friedrich A. von Hayek. London: Routledge & Kegan Paul, 1969.
The articles in this volume were written in honour of F. A. Hayek and cover the whole scope of his thought. Many of the essays take as a starting point Hayek’s own writings. The list… More

Note on Professor Hayek’s ‘True Theory of Unemployment’

– Johr, W.A. “Note on Professor Hayek's ‘True Theory of Unemployment.’” Kyklos 30, no. 4 (1970): 713–723
Excerpt: “Prof. Hayek is an economist whose prestige, acquired by his writings on problems of economics and social philosophy, stands high. Consequently, every work he publishes… More

Inflation: The Path to Unemployment

– “Inflation: The Path to Unemployment.” Addendum 2 to Lord Robbins et. al. Inflation: Causes, Consequences, Cures: Discourses on the Debate between the Monetary and the Trade Union Interpretations. London: The Institute for Economic Affairs (IEA Readings, No. 14), 1974, pp. 115–120.

The Repercussions of Rent Restrictions

– "The Repercussions of Rent Restrictions,” in F. A. Hayek, Milton Friedman, et al. Rent Control: A Popular Paradox. Evidence on The Effects of Rent Control. Vancouver: The Fraser Institute, 1975, pp. 67–83.
Excerpt: “A unique feature of price control in housing compared with that in other goods and services is that wartime housing regulations have been retained and enforced ever since.… More

Full Employment at Any Price?

Full Employment at Any Price? London: Institute of Economic Affairs (Occasional Paper 45), 1975/1978, (Italy 1975), 52 pp.

Economics, Politics and Freedom: An Interview with F. A. Hayek

– “Economics, Politics & Freedom: An Interview with F. A. Hayek.” Interview conducted by Tibor Machan in Salzburg, Austria. Reason 6 (February 1975): 4–12.
Excerpt: “REASON is proud to present the highlights of this conversation, to give our readers a better appreciation of one of the intellectual giants of our time. REASON: Dr. Hayek,… More

Politicians Can’t Be Trusted with Money

“Politicians Can't Be Trusted with Money.” [(Newspaper editor's title. Paper delivered in September at the Gold and Monetary Conference in Lausanne, Switzerland.) The Daily Telegraph of London, Part I (September 30, 1975).

World Inflationary Recession

– “World Inflationary Recession.” Paper presented to the International Conference on World Economic Stabilization, April 17–18, 1975, co-sponsored by the First National Bank of Chicago and the University of Chicago. First Chicago Report 5/1975.

Reflections on John Hick’s ‘The Hayek Story’

– Ebeling, Richard. “Reflections on John Hick's ‘The Hayek Story.’” Unpublished manuscript, no date; 23 pp.: Available from the Institute for Humane Studies, Menlo Park, California 94025.

The Facts of Hayek

– Johnson, Frank. “The Facts of Hayek.” Sunday Telegraph Magazine, September 261975, pp. 30–34.

Hayek and Keynes: A Retrospective Assessment

– O'Driscoll, Jr. Gerald P. “Hayek and Keynes: A Retrospective Assessment.” Iowa State University Department of Economics Staff Paper No. 20. Ames, Iowa: Xerox 1975. [Paper prepared for the Symposium on Austrian Economics, University of Hartford, June 22–28, 1975.]

The Problem of Money Today

– “Il Problema della Moneta Oggi.” Academia Nationale dei Lincei. Atti de Convegni Rome (1976).

Rereading von Hayek

– Leduc, G. “En rélisant von Hayek.” Revue d'Economie Politique 86 (1976): 491–494.

The Achievements of Friedrich A. Hayek

– Letwin, Shirley Robin. “The Achievements of Friedrich A. Hayek.” In Fritz Machlup, ed. Essays on Hayek. New York: New York University Press, 1976, pp. 147–162.

The Relevance of Friedrich A. Hayek

– Roche III, George C. “The Relevance of Friedrich A. Hayek.” In Fritz Machlup, ed., Essays on Hayek. New York: New York University Press, 1976, 1–12.

Friedrich A. Hayek: Nobel Prizewinner

– Shearmur, Jeremy.  “Friedrich A. Hayek: Nobel Prizewinner.” In Fritz Machlup, ed., Essays on Hayek. New York: New York University Press, 1976, pp. 171–176.

Unemployment and the Free Market

– Interview of Hayek, Firing Line, YouTube video.
Nobel Laureate F A Hayek is interviewed by Firing Line’s William F. Buckley Jr regarding unemployment, inflation, and John Maynard Keynes.

Can we still avoid inflation?

– “Can we still avoid inflation?” In Richard M. Ebeling (ed.) The Austrian Theory of the Trade Cycle and Other Essays. New York: Center for Libertarian Studies (Occasional Paper Series 8) 1978.
Excerpt: “In one sense the question asked in the title of this lecture is purely rhetorical. I hope none of you has suspected me of doubting even for a moment that technically there… More

Exploitation of Workers by Workers

– “Exploitation of Workers by Workers.” The last of three talks given by Professor F. A. Hayek under the title, “The Market Economy” (Radio 3, BBC). The Listener (August 17, 1978): 202–203.

Axel Leijonhufvud interviews Friedrich A. Hayek

– The Hayek Interviews, Universidad Francisco Marroquín, Date unspecified.
Dr. Hayek speaks with Dr. Axel Leijonhufvud primarily about his academic career and intellectual pursuits. First Dr. Hayek tells of his eclectic course of study at university, including law… More

James Buchanan interviews Friedrich A. Hayek

– The Hayek Interviews, Universidad Francisco Marroquín, October 28, 1978.
The dynamic development of laws interacting with legislation and politicians is discussed by Friedrich Hayek in this interview with James Buchanan. Examining the concept of social justice,… More

Leo Rosten interviews Friedrich A. Hayek (3 parts)

– The Hayek Interviews, Universidad Francisco Marroquín, November 15, 1978.
Relating his professional contacts to his research, Dr. Hayek tells several anecdotes and describes the influence of numerous colleagues on his work. Tracing the rise of Keynesianism, Dr.… More

Towards a Free Market Monetary System

– “Towards a Free Market Monetary System.” The Journal of Libertarian Studies 3, no. 1 (1979): 1–8.
When a little over two years ago, at the second Lausanne Conference  of this group, I threw out, almost as a sort of bitter joke, that there was no hope of ever again having decent money,… More

Free Choice of Currency Standards

– “Freie Wahl de Währungen.” In Geldpolitik, ed. by J. Badura and O. Issing. Stuttgart and New York, 1980, pp. 136–146.

Hayek on Inflation

– Ebeling, Richard. “Hayek on Inflation.” Unpublished Paper presented to The Carl Menger Society Conference entitled “Hayek—An Introductory Course,” London, Dec. 6, 1980

Hayek—An Overview

– Liggio, Leonard P. “Hayek—An Overview.” Unpublished paper presented to The Carl Menger Society Conference entitled “Hayek—An Introductory Course,” London, December 6, 1980.

Hayek on Socialism

– Steele, David Ramsey. “Hayek on Socialism.” Unpublished paper presented to The Carl Menger Society Conference entitled “Hayek—An Introductory Course,” London, Dec. 6, 1980.

The Political Economy of F.A. Hayek

– Gordon, Scott. “The Political Economy of F.A. Hayek.” Canadian Journal of Economics 14 (1981): 470–487.
Excerpt: “Why should a book on political philosophy be reviewed in an economics journal? If one reads the “Note to contributors” published regularly on the back cover of this… More

Hayek, the Answer Man

– “Hayek, the Answer Man.” The Washington Post (December 2, 1982), pp. C1, C17.
He is everything you want an 83-year-old Viennese conservative economist to be. Tall and rumpled. A pearl stickpin in his tie. A watch chain across his vest, even though he wears a digital… More

Constitution or Competition? Alternative Views on Monetary Reform

– Brown, Pamela. “Constitution or Competition? Alternative Views on Monetary Reform.” Literature of Liberty 5 (Autumn 1982): 7–52
Excerpt: Money, for practically as long as it has existed, has been employed to realize two fundamentally different sorts of goals: production or plunder. In a market economy, private… More

Mises, Hayek, Hahn and The Market Process: Comment on Littlechild

– White, Lawrence H. “Mises, Hayek, Hahn and The Market Process: Comment on Littlechild.” In Method, Process, and Austrian Economics: Essays in Honor of Ludwig von Mises. Edited by Israel M. Kirzner. Lexington, Mass. & Toronto: Lexington-Books, D.C. Heath and Company, 1982, pp. 103–110.
Excerpt: Littlechild correctly emphasizes Mises’s recognition that the conditions necessary for general equilibrium cannot be met in the real world. It is not so much that the future… More

F. A. Hayek and the Rebirth of Classical Liberalism by John Gray

– Gray, John. “F.A. Hayek and the Rebirth of Classical Liberalism.” In Literature of Liberty, Winter 1982, vol. 5, No. 4 (1982).
Excerpt: In the recent revival of public and scholarly interest in the values of limited government and the market order, no one has been more centrally significant than Friedrich A. Hayek.… More

Hayek’s Transformation

– Caldwell, Bruce. History of Political Economy. Vol. 20, no. 4 (Winter 1988): pp. 513-541.

The Legacy of Friedrich von Hayek

– Audio, Liberty Fund: Indianapolis, 1999.
This is a collection of 7 lectures which were given between October 7 and November 13 1999 to celebrate the 100th anniversary of the birth of the Austrian economist Friedrich von Hayek. The… More

Hayek’s Challenge by Bruce Caldwell

– Caldwell, Bruce. Hayek's Challenge. Chicago, IL: University Of Chicago Press, December 15, 2005.
Summary: Friedrich A. Hayek is regarded as one of the preeminent economic theorists of the twentieth century, as much for his work outside of economics as for his work within it. During a… More

“Fear the Boom and Bust” – a Rap Anthem

– EconStories, January 23, 2010.
Econstories.tv is a place to learn about the economic way of thinking through the eyes of creative director John Papola and creative economist Russ Roberts. In Fear the Boom and Bust, John… More

Hayek vs. Keynes

– Bruce Caldwell, INET Conference, King’s College, Cambridge University, April 8-11, 2010.
Excerpt: Tonight I will talk briefly about the Keynes-Hayek relationship, then will focus on some of Hayek’s insights that may be of relevance today. In the process I hope to clear up… More

Why Friedrich Hayek Is Making a Comeback

– Roberts, Russ. Wall Street Journal, June 28, 2010.
Excerpt: He was born in the 19th century, wrote his most influential book more than 65 years ago, and he’s not quite as well known or beloved as the sexy Mexican actress who shares his… More

Fight of the Century: Keynes vs. Hayek, Round Two

– EconStories, YouTube, April 27, 2011.
Produced by Emergent Order. Visit us at http://emergentorder.com. “Fight of the Century” is the new economics hip-hop music video by John Papola and Russ Roberts… More

The Road to Recovery

– Taylor, John B. City Journal. Summer 2012.
Excerpt: Few thinkers of the past century understood the importance of economic freedom better than the Austrian economist Friedrich Hayek did. As we confront our current situation,… More

Masters Of Money – Part 2 – Friedrich Hayek

– Episode 2, BBC series, September 2012.
According to conventional wisdom, today’s global financial crisis happened because markets were not regulated enough. But what if the opposite is true? That it was excessive… More

Hayek and the Modern World: Economic Organization and Activity

– Conference, Jepson School of Leadership Studies, University of Richmond, April 12, 2013.
The Jepson School of Leadership Studies brought together invited scholars to explore economist Friedrich A. Hayek’s contributions to political economy in theory and practice and his… More

Dueling Economists

– Allen, Charlotte, The Weekly Standard, July 1, 2013.
Excerpt: “In the long run, we are all dead,” Keynes famously declared, throwing down the gauntlet to classical economics. He believed that governments have a duty to intervene in the… More

Jack High interviews Friedrich A. Hayek

– The Hayek Interviews, Universidad Francisco Marroquín, 1978.
Known as an economist to the world, Dr. Hayek talks with Jack High about the past and present in the realm of economics. Discussing the role of various economists had on his thinking,… More

Essays

A Reply to Dr. Hayek

– Keynes, J.M. “A Reply to Dr. Hayek.” Economica 12 (November 1931): 387–397.
Excerpt: “In an article recently published, Dr. Hayek has invited me to clear up some ambiguities of terminology which he finds in my Treatise of Money, and also other matters. As he… More

A Regulated Gold Standard

– “A Regulated Gold Standard.” The Economist (May 11, 1935).
Excerpt: “It is still impossible to predict when conditions will make a solution of international currency problems appear practicable. This does not mean that it is too early to ask… More

Collectivist Economic Planning: Critical Studies on the Possibilities of Socialism

Collectivist Economic Planning: Critical Studies on the Possibilities of Socialism. Edited with an Introduction and a Concluding Essay by F. A. Hayek. Contributions by N. G. Pierson, Ludwig von Mises, Georg Halm, and Enrico Barone. London: George Routledge & Sons, 1935.
Excerpt: “There is reason to believe that we are at last entering an era of reasoned discussion of what has long uncritically been assumed to be a reconstruction of society on… More

Economic Planning in Soviet Russia

– Boris Brutzkus. Economic Planning in Soviet Russia. Edited and prefaced by Friedrich A. Hayek. London: George Routledge & Sons, 1935; xvii, 234 pp.
From a review: These two volumes, together with a translation (yet to appear) of Mises’ Die Gemeinwirtschaft, constitute a formidable counterattack by laissez-faire on all forms of… More

The International Monetary Situation

– “La situation monétaire internationale.” Bulletin Périodique de la Societé Belge d'Études et d'Expansion (Brussels), No. 103. (1936).

The Gold Problem

– “Das Goldproblem.” Österreichische Zeitschrift für Bankwesen 2 (1937).

Economic Conditions of Inter-State Federation

– “Economic Conditions of Inter-State Federation.” New Commonwealth Quarterly 5 (London, 1939).
Excerpt: “It is rightly regarded as one of the great advantages of inter-state federation that it would do away with the impediments as to the movement of men, goods, and capital… More

Socialist Calculation: The Competitive ‘Solution’

– “Socialist Calculation: The Competitive ‘Solution’.” Economica N.S. 7 (May 1940): 125–149.
Excerpt: “Two chapters in the discussion of the economics of socialism may now be regarded as closed. The first deals with the belief that socialism will dispense entirely with… More

A Commodity Reserve Currency

– “A Commodity Reserve Currency.” Economic Journal 53 (1943).
Excerpt: “The gold standard as we knew it undoubtedly have some grave defects. But there is some danger that the sweeping condemnation of it which is now the fashion may have secure… More

The Case of the Tyrol

The Case of the Tyrol. London: Committee on Justice for the South Tyrol, 1944.

Time-Preference and Productivity: A Reconsideration

– “Time-Preference and Productivity: A Reconsideration.” Economica, N.S. no. 4, 12 (February 1945): 22–25.
Excerpt: “The question I wish here to reconsider is in the 1st instance the purely theoretical one of the relative importance, in determining the marginal productivity of investment,… More

Professor Hayek on German Socialism

– Heimann, E. “Professor Hayek on German Socialism.” The American Economic Review. 35 (1945): 935–937.
Excerpt: Mr. Hoselitz’s criticism of  Hayek’s chapter XII—or rather of his pages 168 and 169—is right as far as it goes. Bebel’s utterance was ironical; why else… More

Professor Hayek on German Socialism

– Hoselitz, B.F. “Professor Hayek on German Socialism.” The American Economic Review 35 (1945): 926–934.
Excerpt: “In chapter XI of his recent book, the Road to Serfdom, Prof. Hayek undertakes to show that the philosophy of German national socialism as it has its roots in the teachings… More

Professor Hayek’s Philosophy

– Murray, A.H. “Professor Hayek's Philosophy.” Economica 12 (August 1945): 149–162.
Excerpt: “In a series of articles the importance of which cannot be overestimated for the theory of method of economics, entitled Scientism and the Study of Society, Prof. Hayek… More

Full Employment

– “Le plein emploi.” Economie Appliquée 1, no. 2–3, (Paris, 1948): 197–210.

Substitute for Foreign Aid

– “Substitute for Foreign Aid.” The Freeman 3 (April 6, 1953): 482–484.
Excerpt: “For the time being financing for rearmament has in a large measure taken the place of other forms of capital movements to Europe. But this provides only a partial and… More

Capitalism and the Historians

Capitalism and the Historians. Edited and introduced by F. A. Hayek. London: Routledge & Kegan Paul, and Chicago: University of Chicago Press, 1954.
Excerpt: “The influence which the writers of history thus exercise on public opinion is probably more immediate and extensive than that of the political theorists who launch new… More

Progressive Taxation Reconsidered

– “Progressive Taxation Reconsidered.” In: Mary Sennholz (ed.) On Freedom and Free Enterprise: Essays in Honor of Ludwig von Mises. Princeton: D. von Nostrand Co., 1956
Excerpt: “Among the measures of economic policy which are gradually transforming our society and producing far-reaching results which few people yet clearly grasp, few are as firmly… More

Inflation Resulting from the Downward Inflexibility of Wages

– “Inflation Resulting from the Downward Inflexibility of Wages.” In: Committee for Economic Development (ed.) Problems of United States Economic Development, New York: 1958, Vol. I, pp. 147–152.
Excerpt: “Contrary to what is widely believed, the crucial results of the “Keynesian revolution” is the general acceptance of a factual assumption and, what is more, of an… More

The Reality of a Teaching

– “Attualitá di un insegnamento,” In: Angelo Dalle Molle, ed. Il Maestro dell’ Economia di Domani (Festschrift for Luigi Einaudi on his 85th Birthday). Verona, 1958, pp. 20–24.

Unions, Inflation and Profits

– “Unions, Inflation and Profits.” In: Philip D. Bradley (ed.) The Public Stake in Union Power. Charlottesville, University of Virginia Press: 1959.
Excerpt: “Tendencies are observable in the field of labor economics which most seriously threaten our future prosperity. The developments which are bringing this about are not of… More

The Economics of Abundance

– “The Economics of Abundance,” in Henry Hazlitt, ed. The Critics of Keynesian Economics. Princeton and London: Van Nostrand Co., 1960, pp. 126–130.
Excerpt: “Now in such a situation, in which abundant unused reserves of all kinds of resources, including all intermediate products, exist, may occasionally prevail in the depths of… More

The Corporation in a Democratic Society: In Whose Interest Ought It and Will It Be Run?

– “The Corporation in a Democratic Society: In Whose Interest Ought It and Will It Be Run?” In: M. Anshen and G. L. Bach (eds.)Management and Corporations 1985. New York: McGraw-Hill, 1960.
Excerpt: “My thesis will be that if we want effectively to limit the powers of corporations to where they are beneficial, we shall have to confine them much more than we have yet done… More

Prof. Hayek and the Concertina Effect

– Kaldor, N. “Prof. Hayek and the Concertina Effect.” In Economica N.S. 9 (1942): 148–176; reprinted in: Kaldor, Essays on Economic Stability and Growth. London: Duckworth, 1960
Excerpt: “It was more than ten years ago that Prof. Hayek first fascinated the academic world of economists by a new theory of industrial fluctuations which in theoretical conception,… More

The ‘Non Sequitur’ of the ‘Dependence Effect’

– “The ‘Non Sequitur’ of the ‘Dependence Effect’.” The Southern Economic Journal 27 (April 1961).
Excerpt: “For well over a hundred years the critics of the free enterprise system have resorted to the argument that if production were only organized rationally, there would be no… More

The Hayek Story

– Heimann, E. “The Hayek Story.” In Critical Essays in Monetary Theory. Oxford University Press: 1967.

The Trend of Economic Thinking

– “The Trend of Economic Thinking,” Studies in Philosophy, Politics and Economics. London: Routledge & Kegan Paul, 1967/1969;  
Excerpt: “The position of the economists in the intellectual life of our time is unlike that of practitioners of any other branch of knowledge. Questions for whose solution his… More

Roads to Freedom: Essays in Honour of Friedrich A. von Hayek.

– Streissler, Erich et al. eds. Roads to Freedom: Essays in Honour of Friedrich A. von Hayek. London: Routledge & Kegan Paul, 1969.
The articles in this volume were written in honour of F. A. Hayek and cover the whole scope of his thought. Many of the essays take as a starting point Hayek’s own writings. The list… More

Note on Professor Hayek’s ‘True Theory of Unemployment’

– Johr, W.A. “Note on Professor Hayek's ‘True Theory of Unemployment.’” Kyklos 30, no. 4 (1970): 713–723
Excerpt: “Prof. Hayek is an economist whose prestige, acquired by his writings on problems of economics and social philosophy, stands high. Consequently, every work he publishes… More

Inflation: The Path to Unemployment

– “Inflation: The Path to Unemployment.” Addendum 2 to Lord Robbins et. al. Inflation: Causes, Consequences, Cures: Discourses on the Debate between the Monetary and the Trade Union Interpretations. London: The Institute for Economic Affairs (IEA Readings, No. 14), 1974, pp. 115–120.

The Repercussions of Rent Restrictions

– "The Repercussions of Rent Restrictions,” in F. A. Hayek, Milton Friedman, et al. Rent Control: A Popular Paradox. Evidence on The Effects of Rent Control. Vancouver: The Fraser Institute, 1975, pp. 67–83.
Excerpt: “A unique feature of price control in housing compared with that in other goods and services is that wartime housing regulations have been retained and enforced ever since.… More

Full Employment at Any Price?

Full Employment at Any Price? London: Institute of Economic Affairs (Occasional Paper 45), 1975/1978, (Italy 1975), 52 pp.

Economics, Politics and Freedom: An Interview with F. A. Hayek

– “Economics, Politics & Freedom: An Interview with F. A. Hayek.” Interview conducted by Tibor Machan in Salzburg, Austria. Reason 6 (February 1975): 4–12.
Excerpt: “REASON is proud to present the highlights of this conversation, to give our readers a better appreciation of one of the intellectual giants of our time. REASON: Dr. Hayek,… More

Politicians Can’t Be Trusted with Money

“Politicians Can't Be Trusted with Money.” [(Newspaper editor's title. Paper delivered in September at the Gold and Monetary Conference in Lausanne, Switzerland.) The Daily Telegraph of London, Part I (September 30, 1975).

World Inflationary Recession

– “World Inflationary Recession.” Paper presented to the International Conference on World Economic Stabilization, April 17–18, 1975, co-sponsored by the First National Bank of Chicago and the University of Chicago. First Chicago Report 5/1975.

Reflections on John Hick’s ‘The Hayek Story’

– Ebeling, Richard. “Reflections on John Hick's ‘The Hayek Story.’” Unpublished manuscript, no date; 23 pp.: Available from the Institute for Humane Studies, Menlo Park, California 94025.

The Facts of Hayek

– Johnson, Frank. “The Facts of Hayek.” Sunday Telegraph Magazine, September 261975, pp. 30–34.

Hayek and Keynes: A Retrospective Assessment

– O'Driscoll, Jr. Gerald P. “Hayek and Keynes: A Retrospective Assessment.” Iowa State University Department of Economics Staff Paper No. 20. Ames, Iowa: Xerox 1975. [Paper prepared for the Symposium on Austrian Economics, University of Hartford, June 22–28, 1975.]

The Problem of Money Today

– “Il Problema della Moneta Oggi.” Academia Nationale dei Lincei. Atti de Convegni Rome (1976).

Rereading von Hayek

– Leduc, G. “En rélisant von Hayek.” Revue d'Economie Politique 86 (1976): 491–494.

The Achievements of Friedrich A. Hayek

– Letwin, Shirley Robin. “The Achievements of Friedrich A. Hayek.” In Fritz Machlup, ed. Essays on Hayek. New York: New York University Press, 1976, pp. 147–162.

The Relevance of Friedrich A. Hayek

– Roche III, George C. “The Relevance of Friedrich A. Hayek.” In Fritz Machlup, ed., Essays on Hayek. New York: New York University Press, 1976, 1–12.

Friedrich A. Hayek: Nobel Prizewinner

– Shearmur, Jeremy.  “Friedrich A. Hayek: Nobel Prizewinner.” In Fritz Machlup, ed., Essays on Hayek. New York: New York University Press, 1976, pp. 171–176.

Unemployment and the Free Market

– Interview of Hayek, Firing Line, YouTube video.
Nobel Laureate F A Hayek is interviewed by Firing Line’s William F. Buckley Jr regarding unemployment, inflation, and John Maynard Keynes.

Can we still avoid inflation?

– “Can we still avoid inflation?” In Richard M. Ebeling (ed.) The Austrian Theory of the Trade Cycle and Other Essays. New York: Center for Libertarian Studies (Occasional Paper Series 8) 1978.
Excerpt: “In one sense the question asked in the title of this lecture is purely rhetorical. I hope none of you has suspected me of doubting even for a moment that technically there… More

Exploitation of Workers by Workers

– “Exploitation of Workers by Workers.” The last of three talks given by Professor F. A. Hayek under the title, “The Market Economy” (Radio 3, BBC). The Listener (August 17, 1978): 202–203.

Axel Leijonhufvud interviews Friedrich A. Hayek

– The Hayek Interviews, Universidad Francisco Marroquín, Date unspecified.
Dr. Hayek speaks with Dr. Axel Leijonhufvud primarily about his academic career and intellectual pursuits. First Dr. Hayek tells of his eclectic course of study at university, including law… More

James Buchanan interviews Friedrich A. Hayek

– The Hayek Interviews, Universidad Francisco Marroquín, October 28, 1978.
The dynamic development of laws interacting with legislation and politicians is discussed by Friedrich Hayek in this interview with James Buchanan. Examining the concept of social justice,… More

Leo Rosten interviews Friedrich A. Hayek (3 parts)

– The Hayek Interviews, Universidad Francisco Marroquín, November 15, 1978.
Relating his professional contacts to his research, Dr. Hayek tells several anecdotes and describes the influence of numerous colleagues on his work. Tracing the rise of Keynesianism, Dr.… More

Towards a Free Market Monetary System

– “Towards a Free Market Monetary System.” The Journal of Libertarian Studies 3, no. 1 (1979): 1–8.
When a little over two years ago, at the second Lausanne Conference  of this group, I threw out, almost as a sort of bitter joke, that there was no hope of ever again having decent money,… More

Free Choice of Currency Standards

– “Freie Wahl de Währungen.” In Geldpolitik, ed. by J. Badura and O. Issing. Stuttgart and New York, 1980, pp. 136–146.

Hayek on Inflation

– Ebeling, Richard. “Hayek on Inflation.” Unpublished Paper presented to The Carl Menger Society Conference entitled “Hayek—An Introductory Course,” London, Dec. 6, 1980

Hayek—An Overview

– Liggio, Leonard P. “Hayek—An Overview.” Unpublished paper presented to The Carl Menger Society Conference entitled “Hayek—An Introductory Course,” London, December 6, 1980.

Hayek on Socialism

– Steele, David Ramsey. “Hayek on Socialism.” Unpublished paper presented to The Carl Menger Society Conference entitled “Hayek—An Introductory Course,” London, Dec. 6, 1980.

The Political Economy of F.A. Hayek

– Gordon, Scott. “The Political Economy of F.A. Hayek.” Canadian Journal of Economics 14 (1981): 470–487.
Excerpt: “Why should a book on political philosophy be reviewed in an economics journal? If one reads the “Note to contributors” published regularly on the back cover of this… More

Hayek, the Answer Man

– “Hayek, the Answer Man.” The Washington Post (December 2, 1982), pp. C1, C17.
He is everything you want an 83-year-old Viennese conservative economist to be. Tall and rumpled. A pearl stickpin in his tie. A watch chain across his vest, even though he wears a digital… More

Constitution or Competition? Alternative Views on Monetary Reform

– Brown, Pamela. “Constitution or Competition? Alternative Views on Monetary Reform.” Literature of Liberty 5 (Autumn 1982): 7–52
Excerpt: Money, for practically as long as it has existed, has been employed to realize two fundamentally different sorts of goals: production or plunder. In a market economy, private… More

Mises, Hayek, Hahn and The Market Process: Comment on Littlechild

– White, Lawrence H. “Mises, Hayek, Hahn and The Market Process: Comment on Littlechild.” In Method, Process, and Austrian Economics: Essays in Honor of Ludwig von Mises. Edited by Israel M. Kirzner. Lexington, Mass. & Toronto: Lexington-Books, D.C. Heath and Company, 1982, pp. 103–110.
Excerpt: Littlechild correctly emphasizes Mises’s recognition that the conditions necessary for general equilibrium cannot be met in the real world. It is not so much that the future… More

F. A. Hayek and the Rebirth of Classical Liberalism by John Gray

– Gray, John. “F.A. Hayek and the Rebirth of Classical Liberalism.” In Literature of Liberty, Winter 1982, vol. 5, No. 4 (1982).
Excerpt: In the recent revival of public and scholarly interest in the values of limited government and the market order, no one has been more centrally significant than Friedrich A. Hayek.… More

Hayek’s Transformation

– Caldwell, Bruce. History of Political Economy. Vol. 20, no. 4 (Winter 1988): pp. 513-541.

The Legacy of Friedrich von Hayek

– Audio, Liberty Fund: Indianapolis, 1999.
This is a collection of 7 lectures which were given between October 7 and November 13 1999 to celebrate the 100th anniversary of the birth of the Austrian economist Friedrich von Hayek. The… More

Hayek’s Challenge by Bruce Caldwell

– Caldwell, Bruce. Hayek's Challenge. Chicago, IL: University Of Chicago Press, December 15, 2005.
Summary: Friedrich A. Hayek is regarded as one of the preeminent economic theorists of the twentieth century, as much for his work outside of economics as for his work within it. During a… More

“Fear the Boom and Bust” – a Rap Anthem

– EconStories, January 23, 2010.
Econstories.tv is a place to learn about the economic way of thinking through the eyes of creative director John Papola and creative economist Russ Roberts. In Fear the Boom and Bust, John… More

Hayek vs. Keynes

– Bruce Caldwell, INET Conference, King’s College, Cambridge University, April 8-11, 2010.
Excerpt: Tonight I will talk briefly about the Keynes-Hayek relationship, then will focus on some of Hayek’s insights that may be of relevance today. In the process I hope to clear up… More

Why Friedrich Hayek Is Making a Comeback

– Roberts, Russ. Wall Street Journal, June 28, 2010.
Excerpt: He was born in the 19th century, wrote his most influential book more than 65 years ago, and he’s not quite as well known or beloved as the sexy Mexican actress who shares his… More

Fight of the Century: Keynes vs. Hayek, Round Two

– EconStories, YouTube, April 27, 2011.
Produced by Emergent Order. Visit us at http://emergentorder.com. “Fight of the Century” is the new economics hip-hop music video by John Papola and Russ Roberts… More

The Road to Recovery

– Taylor, John B. City Journal. Summer 2012.
Excerpt: Few thinkers of the past century understood the importance of economic freedom better than the Austrian economist Friedrich Hayek did. As we confront our current situation,… More

Masters Of Money – Part 2 – Friedrich Hayek

– Episode 2, BBC series, September 2012.
According to conventional wisdom, today’s global financial crisis happened because markets were not regulated enough. But what if the opposite is true? That it was excessive… More

Hayek and the Modern World: Economic Organization and Activity

– Conference, Jepson School of Leadership Studies, University of Richmond, April 12, 2013.
The Jepson School of Leadership Studies brought together invited scholars to explore economist Friedrich A. Hayek’s contributions to political economy in theory and practice and his… More

Dueling Economists

– Allen, Charlotte, The Weekly Standard, July 1, 2013.
Excerpt: “In the long run, we are all dead,” Keynes famously declared, throwing down the gauntlet to classical economics. He believed that governments have a duty to intervene in the… More

Jack High interviews Friedrich A. Hayek

– The Hayek Interviews, Universidad Francisco Marroquín, 1978.
Known as an economist to the world, Dr. Hayek talks with Jack High about the past and present in the realm of economics. Discussing the role of various economists had on his thinking,… More

Commentary

A Reply to Dr. Hayek

– Keynes, J.M. “A Reply to Dr. Hayek.” Economica 12 (November 1931): 387–397.
Excerpt: “In an article recently published, Dr. Hayek has invited me to clear up some ambiguities of terminology which he finds in my Treatise of Money, and also other matters. As he… More

A Regulated Gold Standard

– “A Regulated Gold Standard.” The Economist (May 11, 1935).
Excerpt: “It is still impossible to predict when conditions will make a solution of international currency problems appear practicable. This does not mean that it is too early to ask… More

Collectivist Economic Planning: Critical Studies on the Possibilities of Socialism

Collectivist Economic Planning: Critical Studies on the Possibilities of Socialism. Edited with an Introduction and a Concluding Essay by F. A. Hayek. Contributions by N. G. Pierson, Ludwig von Mises, Georg Halm, and Enrico Barone. London: George Routledge & Sons, 1935.
Excerpt: “There is reason to believe that we are at last entering an era of reasoned discussion of what has long uncritically been assumed to be a reconstruction of society on… More

Economic Planning in Soviet Russia

– Boris Brutzkus. Economic Planning in Soviet Russia. Edited and prefaced by Friedrich A. Hayek. London: George Routledge & Sons, 1935; xvii, 234 pp.
From a review: These two volumes, together with a translation (yet to appear) of Mises’ Die Gemeinwirtschaft, constitute a formidable counterattack by laissez-faire on all forms of… More

The International Monetary Situation

– “La situation monétaire internationale.” Bulletin Périodique de la Societé Belge d'Études et d'Expansion (Brussels), No. 103. (1936).

The Gold Problem

– “Das Goldproblem.” Österreichische Zeitschrift für Bankwesen 2 (1937).

Economic Conditions of Inter-State Federation

– “Economic Conditions of Inter-State Federation.” New Commonwealth Quarterly 5 (London, 1939).
Excerpt: “It is rightly regarded as one of the great advantages of inter-state federation that it would do away with the impediments as to the movement of men, goods, and capital… More

Socialist Calculation: The Competitive ‘Solution’

– “Socialist Calculation: The Competitive ‘Solution’.” Economica N.S. 7 (May 1940): 125–149.
Excerpt: “Two chapters in the discussion of the economics of socialism may now be regarded as closed. The first deals with the belief that socialism will dispense entirely with… More

A Commodity Reserve Currency

– “A Commodity Reserve Currency.” Economic Journal 53 (1943).
Excerpt: “The gold standard as we knew it undoubtedly have some grave defects. But there is some danger that the sweeping condemnation of it which is now the fashion may have secure… More

The Case of the Tyrol

The Case of the Tyrol. London: Committee on Justice for the South Tyrol, 1944.

Time-Preference and Productivity: A Reconsideration

– “Time-Preference and Productivity: A Reconsideration.” Economica, N.S. no. 4, 12 (February 1945): 22–25.
Excerpt: “The question I wish here to reconsider is in the 1st instance the purely theoretical one of the relative importance, in determining the marginal productivity of investment,… More

Professor Hayek on German Socialism

– Heimann, E. “Professor Hayek on German Socialism.” The American Economic Review. 35 (1945): 935–937.
Excerpt: Mr. Hoselitz’s criticism of  Hayek’s chapter XII—or rather of his pages 168 and 169—is right as far as it goes. Bebel’s utterance was ironical; why else… More

Professor Hayek on German Socialism

– Hoselitz, B.F. “Professor Hayek on German Socialism.” The American Economic Review 35 (1945): 926–934.
Excerpt: “In chapter XI of his recent book, the Road to Serfdom, Prof. Hayek undertakes to show that the philosophy of German national socialism as it has its roots in the teachings… More

Professor Hayek’s Philosophy

– Murray, A.H. “Professor Hayek's Philosophy.” Economica 12 (August 1945): 149–162.
Excerpt: “In a series of articles the importance of which cannot be overestimated for the theory of method of economics, entitled Scientism and the Study of Society, Prof. Hayek… More

Full Employment

– “Le plein emploi.” Economie Appliquée 1, no. 2–3, (Paris, 1948): 197–210.

Substitute for Foreign Aid

– “Substitute for Foreign Aid.” The Freeman 3 (April 6, 1953): 482–484.
Excerpt: “For the time being financing for rearmament has in a large measure taken the place of other forms of capital movements to Europe. But this provides only a partial and… More

Capitalism and the Historians

Capitalism and the Historians. Edited and introduced by F. A. Hayek. London: Routledge & Kegan Paul, and Chicago: University of Chicago Press, 1954.
Excerpt: “The influence which the writers of history thus exercise on public opinion is probably more immediate and extensive than that of the political theorists who launch new… More

Progressive Taxation Reconsidered

– “Progressive Taxation Reconsidered.” In: Mary Sennholz (ed.) On Freedom and Free Enterprise: Essays in Honor of Ludwig von Mises. Princeton: D. von Nostrand Co., 1956
Excerpt: “Among the measures of economic policy which are gradually transforming our society and producing far-reaching results which few people yet clearly grasp, few are as firmly… More

Inflation Resulting from the Downward Inflexibility of Wages

– “Inflation Resulting from the Downward Inflexibility of Wages.” In: Committee for Economic Development (ed.) Problems of United States Economic Development, New York: 1958, Vol. I, pp. 147–152.
Excerpt: “Contrary to what is widely believed, the crucial results of the “Keynesian revolution” is the general acceptance of a factual assumption and, what is more, of an… More

The Reality of a Teaching

– “Attualitá di un insegnamento,” In: Angelo Dalle Molle, ed. Il Maestro dell’ Economia di Domani (Festschrift for Luigi Einaudi on his 85th Birthday). Verona, 1958, pp. 20–24.

Unions, Inflation and Profits

– “Unions, Inflation and Profits.” In: Philip D. Bradley (ed.) The Public Stake in Union Power. Charlottesville, University of Virginia Press: 1959.
Excerpt: “Tendencies are observable in the field of labor economics which most seriously threaten our future prosperity. The developments which are bringing this about are not of… More

The Economics of Abundance

– “The Economics of Abundance,” in Henry Hazlitt, ed. The Critics of Keynesian Economics. Princeton and London: Van Nostrand Co., 1960, pp. 126–130.
Excerpt: “Now in such a situation, in which abundant unused reserves of all kinds of resources, including all intermediate products, exist, may occasionally prevail in the depths of… More

The Corporation in a Democratic Society: In Whose Interest Ought It and Will It Be Run?

– “The Corporation in a Democratic Society: In Whose Interest Ought It and Will It Be Run?” In: M. Anshen and G. L. Bach (eds.)Management and Corporations 1985. New York: McGraw-Hill, 1960.
Excerpt: “My thesis will be that if we want effectively to limit the powers of corporations to where they are beneficial, we shall have to confine them much more than we have yet done… More

Prof. Hayek and the Concertina Effect

– Kaldor, N. “Prof. Hayek and the Concertina Effect.” In Economica N.S. 9 (1942): 148–176; reprinted in: Kaldor, Essays on Economic Stability and Growth. London: Duckworth, 1960
Excerpt: “It was more than ten years ago that Prof. Hayek first fascinated the academic world of economists by a new theory of industrial fluctuations which in theoretical conception,… More

The ‘Non Sequitur’ of the ‘Dependence Effect’

– “The ‘Non Sequitur’ of the ‘Dependence Effect’.” The Southern Economic Journal 27 (April 1961).
Excerpt: “For well over a hundred years the critics of the free enterprise system have resorted to the argument that if production were only organized rationally, there would be no… More

The Hayek Story

– Heimann, E. “The Hayek Story.” In Critical Essays in Monetary Theory. Oxford University Press: 1967.

The Trend of Economic Thinking

– “The Trend of Economic Thinking,” Studies in Philosophy, Politics and Economics. London: Routledge & Kegan Paul, 1967/1969;  
Excerpt: “The position of the economists in the intellectual life of our time is unlike that of practitioners of any other branch of knowledge. Questions for whose solution his… More

Roads to Freedom: Essays in Honour of Friedrich A. von Hayek.

– Streissler, Erich et al. eds. Roads to Freedom: Essays in Honour of Friedrich A. von Hayek. London: Routledge & Kegan Paul, 1969.
The articles in this volume were written in honour of F. A. Hayek and cover the whole scope of his thought. Many of the essays take as a starting point Hayek’s own writings. The list… More

Note on Professor Hayek’s ‘True Theory of Unemployment’

– Johr, W.A. “Note on Professor Hayek's ‘True Theory of Unemployment.’” Kyklos 30, no. 4 (1970): 713–723
Excerpt: “Prof. Hayek is an economist whose prestige, acquired by his writings on problems of economics and social philosophy, stands high. Consequently, every work he publishes… More

Inflation: The Path to Unemployment

– “Inflation: The Path to Unemployment.” Addendum 2 to Lord Robbins et. al. Inflation: Causes, Consequences, Cures: Discourses on the Debate between the Monetary and the Trade Union Interpretations. London: The Institute for Economic Affairs (IEA Readings, No. 14), 1974, pp. 115–120.

The Repercussions of Rent Restrictions

– "The Repercussions of Rent Restrictions,” in F. A. Hayek, Milton Friedman, et al. Rent Control: A Popular Paradox. Evidence on The Effects of Rent Control. Vancouver: The Fraser Institute, 1975, pp. 67–83.
Excerpt: “A unique feature of price control in housing compared with that in other goods and services is that wartime housing regulations have been retained and enforced ever since.… More

Full Employment at Any Price?

Full Employment at Any Price? London: Institute of Economic Affairs (Occasional Paper 45), 1975/1978, (Italy 1975), 52 pp.

Economics, Politics and Freedom: An Interview with F. A. Hayek

– “Economics, Politics & Freedom: An Interview with F. A. Hayek.” Interview conducted by Tibor Machan in Salzburg, Austria. Reason 6 (February 1975): 4–12.
Excerpt: “REASON is proud to present the highlights of this conversation, to give our readers a better appreciation of one of the intellectual giants of our time. REASON: Dr. Hayek,… More

Politicians Can’t Be Trusted with Money

“Politicians Can't Be Trusted with Money.” [(Newspaper editor's title. Paper delivered in September at the Gold and Monetary Conference in Lausanne, Switzerland.) The Daily Telegraph of London, Part I (September 30, 1975).

World Inflationary Recession

– “World Inflationary Recession.” Paper presented to the International Conference on World Economic Stabilization, April 17–18, 1975, co-sponsored by the First National Bank of Chicago and the University of Chicago. First Chicago Report 5/1975.

Reflections on John Hick’s ‘The Hayek Story’

– Ebeling, Richard. “Reflections on John Hick's ‘The Hayek Story.’” Unpublished manuscript, no date; 23 pp.: Available from the Institute for Humane Studies, Menlo Park, California 94025.

The Facts of Hayek

– Johnson, Frank. “The Facts of Hayek.” Sunday Telegraph Magazine, September 261975, pp. 30–34.

Hayek and Keynes: A Retrospective Assessment

– O'Driscoll, Jr. Gerald P. “Hayek and Keynes: A Retrospective Assessment.” Iowa State University Department of Economics Staff Paper No. 20. Ames, Iowa: Xerox 1975. [Paper prepared for the Symposium on Austrian Economics, University of Hartford, June 22–28, 1975.]

The Problem of Money Today

– “Il Problema della Moneta Oggi.” Academia Nationale dei Lincei. Atti de Convegni Rome (1976).

Rereading von Hayek

– Leduc, G. “En rélisant von Hayek.” Revue d'Economie Politique 86 (1976): 491–494.

The Achievements of Friedrich A. Hayek

– Letwin, Shirley Robin. “The Achievements of Friedrich A. Hayek.” In Fritz Machlup, ed. Essays on Hayek. New York: New York University Press, 1976, pp. 147–162.

The Relevance of Friedrich A. Hayek

– Roche III, George C. “The Relevance of Friedrich A. Hayek.” In Fritz Machlup, ed., Essays on Hayek. New York: New York University Press, 1976, 1–12.

Friedrich A. Hayek: Nobel Prizewinner

– Shearmur, Jeremy.  “Friedrich A. Hayek: Nobel Prizewinner.” In Fritz Machlup, ed., Essays on Hayek. New York: New York University Press, 1976, pp. 171–176.

Unemployment and the Free Market

– Interview of Hayek, Firing Line, YouTube video.
Nobel Laureate F A Hayek is interviewed by Firing Line’s William F. Buckley Jr regarding unemployment, inflation, and John Maynard Keynes.

Can we still avoid inflation?

– “Can we still avoid inflation?” In Richard M. Ebeling (ed.) The Austrian Theory of the Trade Cycle and Other Essays. New York: Center for Libertarian Studies (Occasional Paper Series 8) 1978.
Excerpt: “In one sense the question asked in the title of this lecture is purely rhetorical. I hope none of you has suspected me of doubting even for a moment that technically there… More

Exploitation of Workers by Workers

– “Exploitation of Workers by Workers.” The last of three talks given by Professor F. A. Hayek under the title, “The Market Economy” (Radio 3, BBC). The Listener (August 17, 1978): 202–203.

Axel Leijonhufvud interviews Friedrich A. Hayek

– The Hayek Interviews, Universidad Francisco Marroquín, Date unspecified.
Dr. Hayek speaks with Dr. Axel Leijonhufvud primarily about his academic career and intellectual pursuits. First Dr. Hayek tells of his eclectic course of study at university, including law… More

James Buchanan interviews Friedrich A. Hayek

– The Hayek Interviews, Universidad Francisco Marroquín, October 28, 1978.
The dynamic development of laws interacting with legislation and politicians is discussed by Friedrich Hayek in this interview with James Buchanan. Examining the concept of social justice,… More

Leo Rosten interviews Friedrich A. Hayek (3 parts)

– The Hayek Interviews, Universidad Francisco Marroquín, November 15, 1978.
Relating his professional contacts to his research, Dr. Hayek tells several anecdotes and describes the influence of numerous colleagues on his work. Tracing the rise of Keynesianism, Dr.… More

Towards a Free Market Monetary System

– “Towards a Free Market Monetary System.” The Journal of Libertarian Studies 3, no. 1 (1979): 1–8.
When a little over two years ago, at the second Lausanne Conference  of this group, I threw out, almost as a sort of bitter joke, that there was no hope of ever again having decent money,… More

Free Choice of Currency Standards

– “Freie Wahl de Währungen.” In Geldpolitik, ed. by J. Badura and O. Issing. Stuttgart and New York, 1980, pp. 136–146.

Hayek on Inflation

– Ebeling, Richard. “Hayek on Inflation.” Unpublished Paper presented to The Carl Menger Society Conference entitled “Hayek—An Introductory Course,” London, Dec. 6, 1980

Hayek—An Overview

– Liggio, Leonard P. “Hayek—An Overview.” Unpublished paper presented to The Carl Menger Society Conference entitled “Hayek—An Introductory Course,” London, December 6, 1980.

Hayek on Socialism

– Steele, David Ramsey. “Hayek on Socialism.” Unpublished paper presented to The Carl Menger Society Conference entitled “Hayek—An Introductory Course,” London, Dec. 6, 1980.

The Political Economy of F.A. Hayek

– Gordon, Scott. “The Political Economy of F.A. Hayek.” Canadian Journal of Economics 14 (1981): 470–487.
Excerpt: “Why should a book on political philosophy be reviewed in an economics journal? If one reads the “Note to contributors” published regularly on the back cover of this… More

Hayek, the Answer Man

– “Hayek, the Answer Man.” The Washington Post (December 2, 1982), pp. C1, C17.
He is everything you want an 83-year-old Viennese conservative economist to be. Tall and rumpled. A pearl stickpin in his tie. A watch chain across his vest, even though he wears a digital… More

Constitution or Competition? Alternative Views on Monetary Reform

– Brown, Pamela. “Constitution or Competition? Alternative Views on Monetary Reform.” Literature of Liberty 5 (Autumn 1982): 7–52
Excerpt: Money, for practically as long as it has existed, has been employed to realize two fundamentally different sorts of goals: production or plunder. In a market economy, private… More

Mises, Hayek, Hahn and The Market Process: Comment on Littlechild

– White, Lawrence H. “Mises, Hayek, Hahn and The Market Process: Comment on Littlechild.” In Method, Process, and Austrian Economics: Essays in Honor of Ludwig von Mises. Edited by Israel M. Kirzner. Lexington, Mass. & Toronto: Lexington-Books, D.C. Heath and Company, 1982, pp. 103–110.
Excerpt: Littlechild correctly emphasizes Mises’s recognition that the conditions necessary for general equilibrium cannot be met in the real world. It is not so much that the future… More

F. A. Hayek and the Rebirth of Classical Liberalism by John Gray

– Gray, John. “F.A. Hayek and the Rebirth of Classical Liberalism.” In Literature of Liberty, Winter 1982, vol. 5, No. 4 (1982).
Excerpt: In the recent revival of public and scholarly interest in the values of limited government and the market order, no one has been more centrally significant than Friedrich A. Hayek.… More

Hayek’s Transformation

– Caldwell, Bruce. History of Political Economy. Vol. 20, no. 4 (Winter 1988): pp. 513-541.

The Legacy of Friedrich von Hayek

– Audio, Liberty Fund: Indianapolis, 1999.
This is a collection of 7 lectures which were given between October 7 and November 13 1999 to celebrate the 100th anniversary of the birth of the Austrian economist Friedrich von Hayek. The… More

Hayek’s Challenge by Bruce Caldwell

– Caldwell, Bruce. Hayek's Challenge. Chicago, IL: University Of Chicago Press, December 15, 2005.
Summary: Friedrich A. Hayek is regarded as one of the preeminent economic theorists of the twentieth century, as much for his work outside of economics as for his work within it. During a… More

“Fear the Boom and Bust” – a Rap Anthem

– EconStories, January 23, 2010.
Econstories.tv is a place to learn about the economic way of thinking through the eyes of creative director John Papola and creative economist Russ Roberts. In Fear the Boom and Bust, John… More

Hayek vs. Keynes

– Bruce Caldwell, INET Conference, King’s College, Cambridge University, April 8-11, 2010.
Excerpt: Tonight I will talk briefly about the Keynes-Hayek relationship, then will focus on some of Hayek’s insights that may be of relevance today. In the process I hope to clear up… More

Why Friedrich Hayek Is Making a Comeback

– Roberts, Russ. Wall Street Journal, June 28, 2010.
Excerpt: He was born in the 19th century, wrote his most influential book more than 65 years ago, and he’s not quite as well known or beloved as the sexy Mexican actress who shares his… More

Fight of the Century: Keynes vs. Hayek, Round Two

– EconStories, YouTube, April 27, 2011.
Produced by Emergent Order. Visit us at http://emergentorder.com. “Fight of the Century” is the new economics hip-hop music video by John Papola and Russ Roberts… More

The Road to Recovery

– Taylor, John B. City Journal. Summer 2012.
Excerpt: Few thinkers of the past century understood the importance of economic freedom better than the Austrian economist Friedrich Hayek did. As we confront our current situation,… More

Masters Of Money – Part 2 – Friedrich Hayek

– Episode 2, BBC series, September 2012.
According to conventional wisdom, today’s global financial crisis happened because markets were not regulated enough. But what if the opposite is true? That it was excessive… More

Hayek and the Modern World: Economic Organization and Activity

– Conference, Jepson School of Leadership Studies, University of Richmond, April 12, 2013.
The Jepson School of Leadership Studies brought together invited scholars to explore economist Friedrich A. Hayek’s contributions to political economy in theory and practice and his… More

Dueling Economists

– Allen, Charlotte, The Weekly Standard, July 1, 2013.
Excerpt: “In the long run, we are all dead,” Keynes famously declared, throwing down the gauntlet to classical economics. He believed that governments have a duty to intervene in the… More

Jack High interviews Friedrich A. Hayek

– The Hayek Interviews, Universidad Francisco Marroquín, 1978.
Known as an economist to the world, Dr. Hayek talks with Jack High about the past and present in the realm of economics. Discussing the role of various economists had on his thinking,… More

Multimedia

A Reply to Dr. Hayek

– Keynes, J.M. “A Reply to Dr. Hayek.” Economica 12 (November 1931): 387–397.
Excerpt: “In an article recently published, Dr. Hayek has invited me to clear up some ambiguities of terminology which he finds in my Treatise of Money, and also other matters. As he… More

A Regulated Gold Standard

– “A Regulated Gold Standard.” The Economist (May 11, 1935).
Excerpt: “It is still impossible to predict when conditions will make a solution of international currency problems appear practicable. This does not mean that it is too early to ask… More

Collectivist Economic Planning: Critical Studies on the Possibilities of Socialism

Collectivist Economic Planning: Critical Studies on the Possibilities of Socialism. Edited with an Introduction and a Concluding Essay by F. A. Hayek. Contributions by N. G. Pierson, Ludwig von Mises, Georg Halm, and Enrico Barone. London: George Routledge & Sons, 1935.
Excerpt: “There is reason to believe that we are at last entering an era of reasoned discussion of what has long uncritically been assumed to be a reconstruction of society on… More

Economic Planning in Soviet Russia

– Boris Brutzkus. Economic Planning in Soviet Russia. Edited and prefaced by Friedrich A. Hayek. London: George Routledge & Sons, 1935; xvii, 234 pp.
From a review: These two volumes, together with a translation (yet to appear) of Mises’ Die Gemeinwirtschaft, constitute a formidable counterattack by laissez-faire on all forms of… More

The International Monetary Situation

– “La situation monétaire internationale.” Bulletin Périodique de la Societé Belge d'Études et d'Expansion (Brussels), No. 103. (1936).

The Gold Problem

– “Das Goldproblem.” Österreichische Zeitschrift für Bankwesen 2 (1937).

Economic Conditions of Inter-State Federation

– “Economic Conditions of Inter-State Federation.” New Commonwealth Quarterly 5 (London, 1939).
Excerpt: “It is rightly regarded as one of the great advantages of inter-state federation that it would do away with the impediments as to the movement of men, goods, and capital… More

Socialist Calculation: The Competitive ‘Solution’

– “Socialist Calculation: The Competitive ‘Solution’.” Economica N.S. 7 (May 1940): 125–149.
Excerpt: “Two chapters in the discussion of the economics of socialism may now be regarded as closed. The first deals with the belief that socialism will dispense entirely with… More

A Commodity Reserve Currency

– “A Commodity Reserve Currency.” Economic Journal 53 (1943).
Excerpt: “The gold standard as we knew it undoubtedly have some grave defects. But there is some danger that the sweeping condemnation of it which is now the fashion may have secure… More

The Case of the Tyrol

The Case of the Tyrol. London: Committee on Justice for the South Tyrol, 1944.

Time-Preference and Productivity: A Reconsideration

– “Time-Preference and Productivity: A Reconsideration.” Economica, N.S. no. 4, 12 (February 1945): 22–25.
Excerpt: “The question I wish here to reconsider is in the 1st instance the purely theoretical one of the relative importance, in determining the marginal productivity of investment,… More

Professor Hayek on German Socialism

– Heimann, E. “Professor Hayek on German Socialism.” The American Economic Review. 35 (1945): 935–937.
Excerpt: Mr. Hoselitz’s criticism of  Hayek’s chapter XII—or rather of his pages 168 and 169—is right as far as it goes. Bebel’s utterance was ironical; why else… More

Professor Hayek on German Socialism

– Hoselitz, B.F. “Professor Hayek on German Socialism.” The American Economic Review 35 (1945): 926–934.
Excerpt: “In chapter XI of his recent book, the Road to Serfdom, Prof. Hayek undertakes to show that the philosophy of German national socialism as it has its roots in the teachings… More

Professor Hayek’s Philosophy

– Murray, A.H. “Professor Hayek's Philosophy.” Economica 12 (August 1945): 149–162.
Excerpt: “In a series of articles the importance of which cannot be overestimated for the theory of method of economics, entitled Scientism and the Study of Society, Prof. Hayek… More

Full Employment

– “Le plein emploi.” Economie Appliquée 1, no. 2–3, (Paris, 1948): 197–210.

Substitute for Foreign Aid

– “Substitute for Foreign Aid.” The Freeman 3 (April 6, 1953): 482–484.
Excerpt: “For the time being financing for rearmament has in a large measure taken the place of other forms of capital movements to Europe. But this provides only a partial and… More

Capitalism and the Historians

Capitalism and the Historians. Edited and introduced by F. A. Hayek. London: Routledge & Kegan Paul, and Chicago: University of Chicago Press, 1954.
Excerpt: “The influence which the writers of history thus exercise on public opinion is probably more immediate and extensive than that of the political theorists who launch new… More

Progressive Taxation Reconsidered

– “Progressive Taxation Reconsidered.” In: Mary Sennholz (ed.) On Freedom and Free Enterprise: Essays in Honor of Ludwig von Mises. Princeton: D. von Nostrand Co., 1956
Excerpt: “Among the measures of economic policy which are gradually transforming our society and producing far-reaching results which few people yet clearly grasp, few are as firmly… More

Inflation Resulting from the Downward Inflexibility of Wages

– “Inflation Resulting from the Downward Inflexibility of Wages.” In: Committee for Economic Development (ed.) Problems of United States Economic Development, New York: 1958, Vol. I, pp. 147–152.
Excerpt: “Contrary to what is widely believed, the crucial results of the “Keynesian revolution” is the general acceptance of a factual assumption and, what is more, of an… More

The Reality of a Teaching

– “Attualitá di un insegnamento,” In: Angelo Dalle Molle, ed. Il Maestro dell’ Economia di Domani (Festschrift for Luigi Einaudi on his 85th Birthday). Verona, 1958, pp. 20–24.

Unions, Inflation and Profits

– “Unions, Inflation and Profits.” In: Philip D. Bradley (ed.) The Public Stake in Union Power. Charlottesville, University of Virginia Press: 1959.
Excerpt: “Tendencies are observable in the field of labor economics which most seriously threaten our future prosperity. The developments which are bringing this about are not of… More

The Economics of Abundance

– “The Economics of Abundance,” in Henry Hazlitt, ed. The Critics of Keynesian Economics. Princeton and London: Van Nostrand Co., 1960, pp. 126–130.
Excerpt: “Now in such a situation, in which abundant unused reserves of all kinds of resources, including all intermediate products, exist, may occasionally prevail in the depths of… More

The Corporation in a Democratic Society: In Whose Interest Ought It and Will It Be Run?

– “The Corporation in a Democratic Society: In Whose Interest Ought It and Will It Be Run?” In: M. Anshen and G. L. Bach (eds.)Management and Corporations 1985. New York: McGraw-Hill, 1960.
Excerpt: “My thesis will be that if we want effectively to limit the powers of corporations to where they are beneficial, we shall have to confine them much more than we have yet done… More

Prof. Hayek and the Concertina Effect

– Kaldor, N. “Prof. Hayek and the Concertina Effect.” In Economica N.S. 9 (1942): 148–176; reprinted in: Kaldor, Essays on Economic Stability and Growth. London: Duckworth, 1960
Excerpt: “It was more than ten years ago that Prof. Hayek first fascinated the academic world of economists by a new theory of industrial fluctuations which in theoretical conception,… More

The ‘Non Sequitur’ of the ‘Dependence Effect’

– “The ‘Non Sequitur’ of the ‘Dependence Effect’.” The Southern Economic Journal 27 (April 1961).
Excerpt: “For well over a hundred years the critics of the free enterprise system have resorted to the argument that if production were only organized rationally, there would be no… More

The Hayek Story

– Heimann, E. “The Hayek Story.” In Critical Essays in Monetary Theory. Oxford University Press: 1967.

The Trend of Economic Thinking

– “The Trend of Economic Thinking,” Studies in Philosophy, Politics and Economics. London: Routledge & Kegan Paul, 1967/1969;  
Excerpt: “The position of the economists in the intellectual life of our time is unlike that of practitioners of any other branch of knowledge. Questions for whose solution his… More

Roads to Freedom: Essays in Honour of Friedrich A. von Hayek.

– Streissler, Erich et al. eds. Roads to Freedom: Essays in Honour of Friedrich A. von Hayek. London: Routledge & Kegan Paul, 1969.
The articles in this volume were written in honour of F. A. Hayek and cover the whole scope of his thought. Many of the essays take as a starting point Hayek’s own writings. The list… More

Note on Professor Hayek’s ‘True Theory of Unemployment’

– Johr, W.A. “Note on Professor Hayek's ‘True Theory of Unemployment.’” Kyklos 30, no. 4 (1970): 713–723
Excerpt: “Prof. Hayek is an economist whose prestige, acquired by his writings on problems of economics and social philosophy, stands high. Consequently, every work he publishes… More

Inflation: The Path to Unemployment

– “Inflation: The Path to Unemployment.” Addendum 2 to Lord Robbins et. al. Inflation: Causes, Consequences, Cures: Discourses on the Debate between the Monetary and the Trade Union Interpretations. London: The Institute for Economic Affairs (IEA Readings, No. 14), 1974, pp. 115–120.

The Repercussions of Rent Restrictions

– "The Repercussions of Rent Restrictions,” in F. A. Hayek, Milton Friedman, et al. Rent Control: A Popular Paradox. Evidence on The Effects of Rent Control. Vancouver: The Fraser Institute, 1975, pp. 67–83.
Excerpt: “A unique feature of price control in housing compared with that in other goods and services is that wartime housing regulations have been retained and enforced ever since.… More

Full Employment at Any Price?

Full Employment at Any Price? London: Institute of Economic Affairs (Occasional Paper 45), 1975/1978, (Italy 1975), 52 pp.

Economics, Politics and Freedom: An Interview with F. A. Hayek

– “Economics, Politics & Freedom: An Interview with F. A. Hayek.” Interview conducted by Tibor Machan in Salzburg, Austria. Reason 6 (February 1975): 4–12.
Excerpt: “REASON is proud to present the highlights of this conversation, to give our readers a better appreciation of one of the intellectual giants of our time. REASON: Dr. Hayek,… More

Politicians Can’t Be Trusted with Money

“Politicians Can't Be Trusted with Money.” [(Newspaper editor's title. Paper delivered in September at the Gold and Monetary Conference in Lausanne, Switzerland.) The Daily Telegraph of London, Part I (September 30, 1975).

World Inflationary Recession

– “World Inflationary Recession.” Paper presented to the International Conference on World Economic Stabilization, April 17–18, 1975, co-sponsored by the First National Bank of Chicago and the University of Chicago. First Chicago Report 5/1975.

Reflections on John Hick’s ‘The Hayek Story’

– Ebeling, Richard. “Reflections on John Hick's ‘The Hayek Story.’” Unpublished manuscript, no date; 23 pp.: Available from the Institute for Humane Studies, Menlo Park, California 94025.

The Facts of Hayek

– Johnson, Frank. “The Facts of Hayek.” Sunday Telegraph Magazine, September 261975, pp. 30–34.

Hayek and Keynes: A Retrospective Assessment

– O'Driscoll, Jr. Gerald P. “Hayek and Keynes: A Retrospective Assessment.” Iowa State University Department of Economics Staff Paper No. 20. Ames, Iowa: Xerox 1975. [Paper prepared for the Symposium on Austrian Economics, University of Hartford, June 22–28, 1975.]

The Problem of Money Today

– “Il Problema della Moneta Oggi.” Academia Nationale dei Lincei. Atti de Convegni Rome (1976).

Rereading von Hayek

– Leduc, G. “En rélisant von Hayek.” Revue d'Economie Politique 86 (1976): 491–494.

The Achievements of Friedrich A. Hayek

– Letwin, Shirley Robin. “The Achievements of Friedrich A. Hayek.” In Fritz Machlup, ed. Essays on Hayek. New York: New York University Press, 1976, pp. 147–162.

The Relevance of Friedrich A. Hayek

– Roche III, George C. “The Relevance of Friedrich A. Hayek.” In Fritz Machlup, ed., Essays on Hayek. New York: New York University Press, 1976, 1–12.

Friedrich A. Hayek: Nobel Prizewinner

– Shearmur, Jeremy.  “Friedrich A. Hayek: Nobel Prizewinner.” In Fritz Machlup, ed., Essays on Hayek. New York: New York University Press, 1976, pp. 171–176.

Unemployment and the Free Market

– Interview of Hayek, Firing Line, YouTube video.
Nobel Laureate F A Hayek is interviewed by Firing Line’s William F. Buckley Jr regarding unemployment, inflation, and John Maynard Keynes.

Can we still avoid inflation?

– “Can we still avoid inflation?” In Richard M. Ebeling (ed.) The Austrian Theory of the Trade Cycle and Other Essays. New York: Center for Libertarian Studies (Occasional Paper Series 8) 1978.
Excerpt: “In one sense the question asked in the title of this lecture is purely rhetorical. I hope none of you has suspected me of doubting even for a moment that technically there… More

Exploitation of Workers by Workers

– “Exploitation of Workers by Workers.” The last of three talks given by Professor F. A. Hayek under the title, “The Market Economy” (Radio 3, BBC). The Listener (August 17, 1978): 202–203.

Axel Leijonhufvud interviews Friedrich A. Hayek

– The Hayek Interviews, Universidad Francisco Marroquín, Date unspecified.
Dr. Hayek speaks with Dr. Axel Leijonhufvud primarily about his academic career and intellectual pursuits. First Dr. Hayek tells of his eclectic course of study at university, including law… More

James Buchanan interviews Friedrich A. Hayek

– The Hayek Interviews, Universidad Francisco Marroquín, October 28, 1978.
The dynamic development of laws interacting with legislation and politicians is discussed by Friedrich Hayek in this interview with James Buchanan. Examining the concept of social justice,… More

Leo Rosten interviews Friedrich A. Hayek (3 parts)

– The Hayek Interviews, Universidad Francisco Marroquín, November 15, 1978.
Relating his professional contacts to his research, Dr. Hayek tells several anecdotes and describes the influence of numerous colleagues on his work. Tracing the rise of Keynesianism, Dr.… More

Towards a Free Market Monetary System

– “Towards a Free Market Monetary System.” The Journal of Libertarian Studies 3, no. 1 (1979): 1–8.
When a little over two years ago, at the second Lausanne Conference  of this group, I threw out, almost as a sort of bitter joke, that there was no hope of ever again having decent money,… More

Free Choice of Currency Standards

– “Freie Wahl de Währungen.” In Geldpolitik, ed. by J. Badura and O. Issing. Stuttgart and New York, 1980, pp. 136–146.

Hayek on Inflation

– Ebeling, Richard. “Hayek on Inflation.” Unpublished Paper presented to The Carl Menger Society Conference entitled “Hayek—An Introductory Course,” London, Dec. 6, 1980

Hayek—An Overview

– Liggio, Leonard P. “Hayek—An Overview.” Unpublished paper presented to The Carl Menger Society Conference entitled “Hayek—An Introductory Course,” London, December 6, 1980.

Hayek on Socialism

– Steele, David Ramsey. “Hayek on Socialism.” Unpublished paper presented to The Carl Menger Society Conference entitled “Hayek—An Introductory Course,” London, Dec. 6, 1980.

The Political Economy of F.A. Hayek

– Gordon, Scott. “The Political Economy of F.A. Hayek.” Canadian Journal of Economics 14 (1981): 470–487.
Excerpt: “Why should a book on political philosophy be reviewed in an economics journal? If one reads the “Note to contributors” published regularly on the back cover of this… More

Hayek, the Answer Man

– “Hayek, the Answer Man.” The Washington Post (December 2, 1982), pp. C1, C17.
He is everything you want an 83-year-old Viennese conservative economist to be. Tall and rumpled. A pearl stickpin in his tie. A watch chain across his vest, even though he wears a digital… More

Constitution or Competition? Alternative Views on Monetary Reform

– Brown, Pamela. “Constitution or Competition? Alternative Views on Monetary Reform.” Literature of Liberty 5 (Autumn 1982): 7–52
Excerpt: Money, for practically as long as it has existed, has been employed to realize two fundamentally different sorts of goals: production or plunder. In a market economy, private… More

Mises, Hayek, Hahn and The Market Process: Comment on Littlechild

– White, Lawrence H. “Mises, Hayek, Hahn and The Market Process: Comment on Littlechild.” In Method, Process, and Austrian Economics: Essays in Honor of Ludwig von Mises. Edited by Israel M. Kirzner. Lexington, Mass. & Toronto: Lexington-Books, D.C. Heath and Company, 1982, pp. 103–110.
Excerpt: Littlechild correctly emphasizes Mises’s recognition that the conditions necessary for general equilibrium cannot be met in the real world. It is not so much that the future… More

F. A. Hayek and the Rebirth of Classical Liberalism by John Gray

– Gray, John. “F.A. Hayek and the Rebirth of Classical Liberalism.” In Literature of Liberty, Winter 1982, vol. 5, No. 4 (1982).
Excerpt: In the recent revival of public and scholarly interest in the values of limited government and the market order, no one has been more centrally significant than Friedrich A. Hayek.… More

Hayek’s Transformation

– Caldwell, Bruce. History of Political Economy. Vol. 20, no. 4 (Winter 1988): pp. 513-541.

The Legacy of Friedrich von Hayek

– Audio, Liberty Fund: Indianapolis, 1999.
This is a collection of 7 lectures which were given between October 7 and November 13 1999 to celebrate the 100th anniversary of the birth of the Austrian economist Friedrich von Hayek. The… More

Hayek’s Challenge by Bruce Caldwell

– Caldwell, Bruce. Hayek's Challenge. Chicago, IL: University Of Chicago Press, December 15, 2005.
Summary: Friedrich A. Hayek is regarded as one of the preeminent economic theorists of the twentieth century, as much for his work outside of economics as for his work within it. During a… More

“Fear the Boom and Bust” – a Rap Anthem

– EconStories, January 23, 2010.
Econstories.tv is a place to learn about the economic way of thinking through the eyes of creative director John Papola and creative economist Russ Roberts. In Fear the Boom and Bust, John… More

Hayek vs. Keynes

– Bruce Caldwell, INET Conference, King’s College, Cambridge University, April 8-11, 2010.
Excerpt: Tonight I will talk briefly about the Keynes-Hayek relationship, then will focus on some of Hayek’s insights that may be of relevance today. In the process I hope to clear up… More

Why Friedrich Hayek Is Making a Comeback

– Roberts, Russ. Wall Street Journal, June 28, 2010.
Excerpt: He was born in the 19th century, wrote his most influential book more than 65 years ago, and he’s not quite as well known or beloved as the sexy Mexican actress who shares his… More

Fight of the Century: Keynes vs. Hayek, Round Two

– EconStories, YouTube, April 27, 2011.
Produced by Emergent Order. Visit us at http://emergentorder.com. “Fight of the Century” is the new economics hip-hop music video by John Papola and Russ Roberts… More

The Road to Recovery

– Taylor, John B. City Journal. Summer 2012.
Excerpt: Few thinkers of the past century understood the importance of economic freedom better than the Austrian economist Friedrich Hayek did. As we confront our current situation,… More

Masters Of Money – Part 2 – Friedrich Hayek

– Episode 2, BBC series, September 2012.
According to conventional wisdom, today’s global financial crisis happened because markets were not regulated enough. But what if the opposite is true? That it was excessive… More

Hayek and the Modern World: Economic Organization and Activity

– Conference, Jepson School of Leadership Studies, University of Richmond, April 12, 2013.
The Jepson School of Leadership Studies brought together invited scholars to explore economist Friedrich A. Hayek’s contributions to political economy in theory and practice and his… More

Dueling Economists

– Allen, Charlotte, The Weekly Standard, July 1, 2013.
Excerpt: “In the long run, we are all dead,” Keynes famously declared, throwing down the gauntlet to classical economics. He believed that governments have a duty to intervene in the… More

Jack High interviews Friedrich A. Hayek

– The Hayek Interviews, Universidad Francisco Marroquín, 1978.
Known as an economist to the world, Dr. Hayek talks with Jack High about the past and present in the realm of economics. Discussing the role of various economists had on his thinking,… More

Teaching

A Reply to Dr. Hayek

– Keynes, J.M. “A Reply to Dr. Hayek.” Economica 12 (November 1931): 387–397.
Excerpt: “In an article recently published, Dr. Hayek has invited me to clear up some ambiguities of terminology which he finds in my Treatise of Money, and also other matters. As he… More

A Regulated Gold Standard

– “A Regulated Gold Standard.” The Economist (May 11, 1935).
Excerpt: “It is still impossible to predict when conditions will make a solution of international currency problems appear practicable. This does not mean that it is too early to ask… More

Collectivist Economic Planning: Critical Studies on the Possibilities of Socialism

Collectivist Economic Planning: Critical Studies on the Possibilities of Socialism. Edited with an Introduction and a Concluding Essay by F. A. Hayek. Contributions by N. G. Pierson, Ludwig von Mises, Georg Halm, and Enrico Barone. London: George Routledge & Sons, 1935.
Excerpt: “There is reason to believe that we are at last entering an era of reasoned discussion of what has long uncritically been assumed to be a reconstruction of society on… More

Economic Planning in Soviet Russia

– Boris Brutzkus. Economic Planning in Soviet Russia. Edited and prefaced by Friedrich A. Hayek. London: George Routledge & Sons, 1935; xvii, 234 pp.
From a review: These two volumes, together with a translation (yet to appear) of Mises’ Die Gemeinwirtschaft, constitute a formidable counterattack by laissez-faire on all forms of… More

The International Monetary Situation

– “La situation monétaire internationale.” Bulletin Périodique de la Societé Belge d'Études et d'Expansion (Brussels), No. 103. (1936).

The Gold Problem

– “Das Goldproblem.” Österreichische Zeitschrift für Bankwesen 2 (1937).

Economic Conditions of Inter-State Federation

– “Economic Conditions of Inter-State Federation.” New Commonwealth Quarterly 5 (London, 1939).
Excerpt: “It is rightly regarded as one of the great advantages of inter-state federation that it would do away with the impediments as to the movement of men, goods, and capital… More

Socialist Calculation: The Competitive ‘Solution’

– “Socialist Calculation: The Competitive ‘Solution’.” Economica N.S. 7 (May 1940): 125–149.
Excerpt: “Two chapters in the discussion of the economics of socialism may now be regarded as closed. The first deals with the belief that socialism will dispense entirely with… More

A Commodity Reserve Currency

– “A Commodity Reserve Currency.” Economic Journal 53 (1943).
Excerpt: “The gold standard as we knew it undoubtedly have some grave defects. But there is some danger that the sweeping condemnation of it which is now the fashion may have secure… More

The Case of the Tyrol

The Case of the Tyrol. London: Committee on Justice for the South Tyrol, 1944.

Time-Preference and Productivity: A Reconsideration

– “Time-Preference and Productivity: A Reconsideration.” Economica, N.S. no. 4, 12 (February 1945): 22–25.
Excerpt: “The question I wish here to reconsider is in the 1st instance the purely theoretical one of the relative importance, in determining the marginal productivity of investment,… More

Professor Hayek on German Socialism

– Heimann, E. “Professor Hayek on German Socialism.” The American Economic Review. 35 (1945): 935–937.
Excerpt: Mr. Hoselitz’s criticism of  Hayek’s chapter XII—or rather of his pages 168 and 169—is right as far as it goes. Bebel’s utterance was ironical; why else… More

Professor Hayek on German Socialism

– Hoselitz, B.F. “Professor Hayek on German Socialism.” The American Economic Review 35 (1945): 926–934.
Excerpt: “In chapter XI of his recent book, the Road to Serfdom, Prof. Hayek undertakes to show that the philosophy of German national socialism as it has its roots in the teachings… More

Professor Hayek’s Philosophy

– Murray, A.H. “Professor Hayek's Philosophy.” Economica 12 (August 1945): 149–162.
Excerpt: “In a series of articles the importance of which cannot be overestimated for the theory of method of economics, entitled Scientism and the Study of Society, Prof. Hayek… More

Full Employment

– “Le plein emploi.” Economie Appliquée 1, no. 2–3, (Paris, 1948): 197–210.

Substitute for Foreign Aid

– “Substitute for Foreign Aid.” The Freeman 3 (April 6, 1953): 482–484.
Excerpt: “For the time being financing for rearmament has in a large measure taken the place of other forms of capital movements to Europe. But this provides only a partial and… More

Capitalism and the Historians

Capitalism and the Historians. Edited and introduced by F. A. Hayek. London: Routledge & Kegan Paul, and Chicago: University of Chicago Press, 1954.
Excerpt: “The influence which the writers of history thus exercise on public opinion is probably more immediate and extensive than that of the political theorists who launch new… More

Progressive Taxation Reconsidered

– “Progressive Taxation Reconsidered.” In: Mary Sennholz (ed.) On Freedom and Free Enterprise: Essays in Honor of Ludwig von Mises. Princeton: D. von Nostrand Co., 1956
Excerpt: “Among the measures of economic policy which are gradually transforming our society and producing far-reaching results which few people yet clearly grasp, few are as firmly… More

Inflation Resulting from the Downward Inflexibility of Wages

– “Inflation Resulting from the Downward Inflexibility of Wages.” In: Committee for Economic Development (ed.) Problems of United States Economic Development, New York: 1958, Vol. I, pp. 147–152.
Excerpt: “Contrary to what is widely believed, the crucial results of the “Keynesian revolution” is the general acceptance of a factual assumption and, what is more, of an… More

The Reality of a Teaching

– “Attualitá di un insegnamento,” In: Angelo Dalle Molle, ed. Il Maestro dell’ Economia di Domani (Festschrift for Luigi Einaudi on his 85th Birthday). Verona, 1958, pp. 20–24.

Unions, Inflation and Profits

– “Unions, Inflation and Profits.” In: Philip D. Bradley (ed.) The Public Stake in Union Power. Charlottesville, University of Virginia Press: 1959.
Excerpt: “Tendencies are observable in the field of labor economics which most seriously threaten our future prosperity. The developments which are bringing this about are not of… More

The Economics of Abundance

– “The Economics of Abundance,” in Henry Hazlitt, ed. The Critics of Keynesian Economics. Princeton and London: Van Nostrand Co., 1960, pp. 126–130.
Excerpt: “Now in such a situation, in which abundant unused reserves of all kinds of resources, including all intermediate products, exist, may occasionally prevail in the depths of… More

The Corporation in a Democratic Society: In Whose Interest Ought It and Will It Be Run?

– “The Corporation in a Democratic Society: In Whose Interest Ought It and Will It Be Run?” In: M. Anshen and G. L. Bach (eds.)Management and Corporations 1985. New York: McGraw-Hill, 1960.
Excerpt: “My thesis will be that if we want effectively to limit the powers of corporations to where they are beneficial, we shall have to confine them much more than we have yet done… More

Prof. Hayek and the Concertina Effect

– Kaldor, N. “Prof. Hayek and the Concertina Effect.” In Economica N.S. 9 (1942): 148–176; reprinted in: Kaldor, Essays on Economic Stability and Growth. London: Duckworth, 1960
Excerpt: “It was more than ten years ago that Prof. Hayek first fascinated the academic world of economists by a new theory of industrial fluctuations which in theoretical conception,… More

The ‘Non Sequitur’ of the ‘Dependence Effect’

– “The ‘Non Sequitur’ of the ‘Dependence Effect’.” The Southern Economic Journal 27 (April 1961).
Excerpt: “For well over a hundred years the critics of the free enterprise system have resorted to the argument that if production were only organized rationally, there would be no… More

The Hayek Story

– Heimann, E. “The Hayek Story.” In Critical Essays in Monetary Theory. Oxford University Press: 1967.

The Trend of Economic Thinking

– “The Trend of Economic Thinking,” Studies in Philosophy, Politics and Economics. London: Routledge & Kegan Paul, 1967/1969;  
Excerpt: “The position of the economists in the intellectual life of our time is unlike that of practitioners of any other branch of knowledge. Questions for whose solution his… More

Roads to Freedom: Essays in Honour of Friedrich A. von Hayek.

– Streissler, Erich et al. eds. Roads to Freedom: Essays in Honour of Friedrich A. von Hayek. London: Routledge & Kegan Paul, 1969.
The articles in this volume were written in honour of F. A. Hayek and cover the whole scope of his thought. Many of the essays take as a starting point Hayek’s own writings. The list… More

Note on Professor Hayek’s ‘True Theory of Unemployment’

– Johr, W.A. “Note on Professor Hayek's ‘True Theory of Unemployment.’” Kyklos 30, no. 4 (1970): 713–723
Excerpt: “Prof. Hayek is an economist whose prestige, acquired by his writings on problems of economics and social philosophy, stands high. Consequently, every work he publishes… More

Inflation: The Path to Unemployment

– “Inflation: The Path to Unemployment.” Addendum 2 to Lord Robbins et. al. Inflation: Causes, Consequences, Cures: Discourses on the Debate between the Monetary and the Trade Union Interpretations. London: The Institute for Economic Affairs (IEA Readings, No. 14), 1974, pp. 115–120.

The Repercussions of Rent Restrictions

– "The Repercussions of Rent Restrictions,” in F. A. Hayek, Milton Friedman, et al. Rent Control: A Popular Paradox. Evidence on The Effects of Rent Control. Vancouver: The Fraser Institute, 1975, pp. 67–83.
Excerpt: “A unique feature of price control in housing compared with that in other goods and services is that wartime housing regulations have been retained and enforced ever since.… More

Full Employment at Any Price?

Full Employment at Any Price? London: Institute of Economic Affairs (Occasional Paper 45), 1975/1978, (Italy 1975), 52 pp.

Economics, Politics and Freedom: An Interview with F. A. Hayek

– “Economics, Politics & Freedom: An Interview with F. A. Hayek.” Interview conducted by Tibor Machan in Salzburg, Austria. Reason 6 (February 1975): 4–12.
Excerpt: “REASON is proud to present the highlights of this conversation, to give our readers a better appreciation of one of the intellectual giants of our time. REASON: Dr. Hayek,… More

Politicians Can’t Be Trusted with Money

“Politicians Can't Be Trusted with Money.” [(Newspaper editor's title. Paper delivered in September at the Gold and Monetary Conference in Lausanne, Switzerland.) The Daily Telegraph of London, Part I (September 30, 1975).

World Inflationary Recession

– “World Inflationary Recession.” Paper presented to the International Conference on World Economic Stabilization, April 17–18, 1975, co-sponsored by the First National Bank of Chicago and the University of Chicago. First Chicago Report 5/1975.

Reflections on John Hick’s ‘The Hayek Story’

– Ebeling, Richard. “Reflections on John Hick's ‘The Hayek Story.’” Unpublished manuscript, no date; 23 pp.: Available from the Institute for Humane Studies, Menlo Park, California 94025.

The Facts of Hayek

– Johnson, Frank. “The Facts of Hayek.” Sunday Telegraph Magazine, September 261975, pp. 30–34.

Hayek and Keynes: A Retrospective Assessment

– O'Driscoll, Jr. Gerald P. “Hayek and Keynes: A Retrospective Assessment.” Iowa State University Department of Economics Staff Paper No. 20. Ames, Iowa: Xerox 1975. [Paper prepared for the Symposium on Austrian Economics, University of Hartford, June 22–28, 1975.]

The Problem of Money Today

– “Il Problema della Moneta Oggi.” Academia Nationale dei Lincei. Atti de Convegni Rome (1976).

Rereading von Hayek

– Leduc, G. “En rélisant von Hayek.” Revue d'Economie Politique 86 (1976): 491–494.

The Achievements of Friedrich A. Hayek

– Letwin, Shirley Robin. “The Achievements of Friedrich A. Hayek.” In Fritz Machlup, ed. Essays on Hayek. New York: New York University Press, 1976, pp. 147–162.

The Relevance of Friedrich A. Hayek

– Roche III, George C. “The Relevance of Friedrich A. Hayek.” In Fritz Machlup, ed., Essays on Hayek. New York: New York University Press, 1976, 1–12.

Friedrich A. Hayek: Nobel Prizewinner

– Shearmur, Jeremy.  “Friedrich A. Hayek: Nobel Prizewinner.” In Fritz Machlup, ed., Essays on Hayek. New York: New York University Press, 1976, pp. 171–176.

Unemployment and the Free Market

– Interview of Hayek, Firing Line, YouTube video.
Nobel Laureate F A Hayek is interviewed by Firing Line’s William F. Buckley Jr regarding unemployment, inflation, and John Maynard Keynes.

Can we still avoid inflation?

– “Can we still avoid inflation?” In Richard M. Ebeling (ed.) The Austrian Theory of the Trade Cycle and Other Essays. New York: Center for Libertarian Studies (Occasional Paper Series 8) 1978.
Excerpt: “In one sense the question asked in the title of this lecture is purely rhetorical. I hope none of you has suspected me of doubting even for a moment that technically there… More

Exploitation of Workers by Workers

– “Exploitation of Workers by Workers.” The last of three talks given by Professor F. A. Hayek under the title, “The Market Economy” (Radio 3, BBC). The Listener (August 17, 1978): 202–203.

Axel Leijonhufvud interviews Friedrich A. Hayek

– The Hayek Interviews, Universidad Francisco Marroquín, Date unspecified.
Dr. Hayek speaks with Dr. Axel Leijonhufvud primarily about his academic career and intellectual pursuits. First Dr. Hayek tells of his eclectic course of study at university, including law… More

James Buchanan interviews Friedrich A. Hayek

– The Hayek Interviews, Universidad Francisco Marroquín, October 28, 1978.
The dynamic development of laws interacting with legislation and politicians is discussed by Friedrich Hayek in this interview with James Buchanan. Examining the concept of social justice,… More

Leo Rosten interviews Friedrich A. Hayek (3 parts)

– The Hayek Interviews, Universidad Francisco Marroquín, November 15, 1978.
Relating his professional contacts to his research, Dr. Hayek tells several anecdotes and describes the influence of numerous colleagues on his work. Tracing the rise of Keynesianism, Dr.… More

Towards a Free Market Monetary System

– “Towards a Free Market Monetary System.” The Journal of Libertarian Studies 3, no. 1 (1979): 1–8.
When a little over two years ago, at the second Lausanne Conference  of this group, I threw out, almost as a sort of bitter joke, that there was no hope of ever again having decent money,… More

Free Choice of Currency Standards

– “Freie Wahl de Währungen.” In Geldpolitik, ed. by J. Badura and O. Issing. Stuttgart and New York, 1980, pp. 136–146.

Hayek on Inflation

– Ebeling, Richard. “Hayek on Inflation.” Unpublished Paper presented to The Carl Menger Society Conference entitled “Hayek—An Introductory Course,” London, Dec. 6, 1980

Hayek—An Overview

– Liggio, Leonard P. “Hayek—An Overview.” Unpublished paper presented to The Carl Menger Society Conference entitled “Hayek—An Introductory Course,” London, December 6, 1980.

Hayek on Socialism

– Steele, David Ramsey. “Hayek on Socialism.” Unpublished paper presented to The Carl Menger Society Conference entitled “Hayek—An Introductory Course,” London, Dec. 6, 1980.

The Political Economy of F.A. Hayek

– Gordon, Scott. “The Political Economy of F.A. Hayek.” Canadian Journal of Economics 14 (1981): 470–487.
Excerpt: “Why should a book on political philosophy be reviewed in an economics journal? If one reads the “Note to contributors” published regularly on the back cover of this… More

Hayek, the Answer Man

– “Hayek, the Answer Man.” The Washington Post (December 2, 1982), pp. C1, C17.
He is everything you want an 83-year-old Viennese conservative economist to be. Tall and rumpled. A pearl stickpin in his tie. A watch chain across his vest, even though he wears a digital… More

Constitution or Competition? Alternative Views on Monetary Reform

– Brown, Pamela. “Constitution or Competition? Alternative Views on Monetary Reform.” Literature of Liberty 5 (Autumn 1982): 7–52
Excerpt: Money, for practically as long as it has existed, has been employed to realize two fundamentally different sorts of goals: production or plunder. In a market economy, private… More

Mises, Hayek, Hahn and The Market Process: Comment on Littlechild

– White, Lawrence H. “Mises, Hayek, Hahn and The Market Process: Comment on Littlechild.” In Method, Process, and Austrian Economics: Essays in Honor of Ludwig von Mises. Edited by Israel M. Kirzner. Lexington, Mass. & Toronto: Lexington-Books, D.C. Heath and Company, 1982, pp. 103–110.
Excerpt: Littlechild correctly emphasizes Mises’s recognition that the conditions necessary for general equilibrium cannot be met in the real world. It is not so much that the future… More

F. A. Hayek and the Rebirth of Classical Liberalism by John Gray

– Gray, John. “F.A. Hayek and the Rebirth of Classical Liberalism.” In Literature of Liberty, Winter 1982, vol. 5, No. 4 (1982).
Excerpt: In the recent revival of public and scholarly interest in the values of limited government and the market order, no one has been more centrally significant than Friedrich A. Hayek.… More

Hayek’s Transformation

– Caldwell, Bruce. History of Political Economy. Vol. 20, no. 4 (Winter 1988): pp. 513-541.

The Legacy of Friedrich von Hayek

– Audio, Liberty Fund: Indianapolis, 1999.
This is a collection of 7 lectures which were given between October 7 and November 13 1999 to celebrate the 100th anniversary of the birth of the Austrian economist Friedrich von Hayek. The… More

Hayek’s Challenge by Bruce Caldwell

– Caldwell, Bruce. Hayek's Challenge. Chicago, IL: University Of Chicago Press, December 15, 2005.
Summary: Friedrich A. Hayek is regarded as one of the preeminent economic theorists of the twentieth century, as much for his work outside of economics as for his work within it. During a… More

“Fear the Boom and Bust” – a Rap Anthem

– EconStories, January 23, 2010.
Econstories.tv is a place to learn about the economic way of thinking through the eyes of creative director John Papola and creative economist Russ Roberts. In Fear the Boom and Bust, John… More

Hayek vs. Keynes

– Bruce Caldwell, INET Conference, King’s College, Cambridge University, April 8-11, 2010.
Excerpt: Tonight I will talk briefly about the Keynes-Hayek relationship, then will focus on some of Hayek’s insights that may be of relevance today. In the process I hope to clear up… More

Why Friedrich Hayek Is Making a Comeback

– Roberts, Russ. Wall Street Journal, June 28, 2010.
Excerpt: He was born in the 19th century, wrote his most influential book more than 65 years ago, and he’s not quite as well known or beloved as the sexy Mexican actress who shares his… More

Fight of the Century: Keynes vs. Hayek, Round Two

– EconStories, YouTube, April 27, 2011.
Produced by Emergent Order. Visit us at http://emergentorder.com. “Fight of the Century” is the new economics hip-hop music video by John Papola and Russ Roberts… More

The Road to Recovery

– Taylor, John B. City Journal. Summer 2012.
Excerpt: Few thinkers of the past century understood the importance of economic freedom better than the Austrian economist Friedrich Hayek did. As we confront our current situation,… More

Masters Of Money – Part 2 – Friedrich Hayek

– Episode 2, BBC series, September 2012.
According to conventional wisdom, today’s global financial crisis happened because markets were not regulated enough. But what if the opposite is true? That it was excessive… More

Hayek and the Modern World: Economic Organization and Activity

– Conference, Jepson School of Leadership Studies, University of Richmond, April 12, 2013.
The Jepson School of Leadership Studies brought together invited scholars to explore economist Friedrich A. Hayek’s contributions to political economy in theory and practice and his… More

Dueling Economists

– Allen, Charlotte, The Weekly Standard, July 1, 2013.
Excerpt: “In the long run, we are all dead,” Keynes famously declared, throwing down the gauntlet to classical economics. He believed that governments have a duty to intervene in the… More

Jack High interviews Friedrich A. Hayek

– The Hayek Interviews, Universidad Francisco Marroquín, 1978.
Known as an economist to the world, Dr. Hayek talks with Jack High about the past and present in the realm of economics. Discussing the role of various economists had on his thinking,… More