Recommended New Books with Hayekian Themes

There are some really good books out this spring covering ground of interest to anyone fascinated by the work of F. A. Hayek.  Here are a few of those titles:

The Clash of Economic Ideas : The Great Policy Debates and Experiments of the Last Hundred Years by Lawrence White.

The Tyranny of Cliches: How Liberals Cheat in the War of Ideas by Jonah Goldberg

Why Nations Fail: The Origins of Power, Prosperity, and Poverty
by Daron Acemoglu & James Robinson

Why Capitalism? by Allan Meltzer

Living Economics : Yesterday, Today and Tomorrow by Peter Boettke

Free Market Fairness by John Tomasi

The Righteous Mind: Why Good People Are Divided by Politics and Religion by Jonathan Haidt

The Road to Freedom: How to Win the Fight for Free Enterprise by Arthur Brooks

First Principles: Five Keys to Restoring America’s Prosperity by John Taylor

Uncontrolled: The Surprising Payoff of Trial-and-Error for Business, Politics, and Society by Jim Manzi

Classical Liberalism and the Austrian School by Ralph Raico

No, They Can’t: Why Government Fails-But Individuals Succeed by John Stossel

Knowledge and Coordination: A Liberal Interpretation by Daniel Klein

Delusions of Power: New Explorations of the State, War, and Economy by Robert Higgs

Ameritopia: The Unmaking of America by Mark Levin

Civilization: The West and the Rest by Niall Ferguson

Intellectuals and Society: Revised and Expanded Edition by Thomas Sowell

Why Progressive Institutions are Unsustainable by Richard Epstein

French Liberalism from Montesquieu to the Present Day edited by Raf Geenens & Helena Rosenblatt

Thinking Fast and Slow by Daniel Kahneman

Design for Liberty: Private Property, Public Administration, and the Rule of Law by Richard Epstein

This Time Is Different: Eight Centuries of Financial Folly by Carmen Reinhart & Kenneth Rogoff

NEW – Hayek articles archived at the new Ron Unz web book & publication archive

Ron Unz has spent years of time and million$ of his fortune developing the new unz.org web site, an online archive featuring many of the most significant American magazines of the last 100 years.

The collection includes a number of classic Hayek articles, including the following:

Milton Friedman meets Karl Popper, talks philosophy of science

From a good interview with Milton Friedman from 1992:

“One of the major benefits that I personally derived from the first meeting of the Mont Pelerin Society in 1947 was meeting Karl Popper and having an opportunity for some long discussions with him, not on economic policy at all, but on methodology in the social sciences and in the physical sciences. That conversation played a not negligible role in a later essay of mine, ‘The Methodology of Positive Economics’.”

VIDEO – Michael Goldberg at INET Berlin on Non-Routine Change, Imperfect Knoweldge & the Failure of REH Modeling

USS Titanic ..

Jonathan Catalan

gets it

Hundreds of “Hayek” Tweets from FriedrichHayek on Twitter

Here’s an archive of “Hayek” tweets Twittered from FriedrichHayek on Twitter.

Axel Leijonhufvud on the Causes of the Current Crisis

From Axel Leijonhufvud’s INET Berlin paper “The Unstable Web of Contracts”:

“The bubble that burst was caused by a lengthy period of interest rates that were too low. We are now trying to cure the consequences by maintaining still lower interest rates for a lengthy period.6

6Ludwig Mises and Friedrich Hayek would have told us that this is not a good idea.”

VIDEO – William White at the Berlin INET Conference

Beginning at about the 5:30 mark former BIS chief economists William White explains why the Keynesian “solution” has failed and why the “Hayek vs Keynes” debate is one again:

I’d also recommend Roman Frydman’s case against the Phelps / Lucas macroeconomic modeling strategy, for those with a technical / mathematical bent:

And an excellent comment at 8:00 from Nancy Cartwright on the undefended assumption that math probabilities constructed by economic professors have any application in actual reality:

All videos from the first day of the Berlin INET conference can be found here.

Google De-Lists “Taking Hayek Seriously”

Taking Hayek Seriously has been removed from Google search engine results.

Anyone have any idea why that would have happened?

VIDEO: Ideas Having Sex – How the Extensive Exchange of Objects Leads to Innovation

I Love This Video! — Economics is NOT a science like physics & astronomy

I would just add: economics IS a science, like Darwinian biology, global brain theory, and other essentially complex sciences.

Follow FriedrichHayek on Twitter

Random Quote

Abstraction is not something which the mind produces by processes of logic from its perception of reality, but rather a property of categories with which it operates – not a product of the mind but rather what constitutes the mind. — F. A. Hayek