econ: From Hayek -> Hicks -> Arrow

We know that much of Hick’s work was inspired by Hayek:

“I can date my own personal ‘revolution’ rather exactly to May or June 1933. It was like this. It began . . with Hayek. His Prices and Production is one of the influences that can be detected in The Theory of Wages; it could . . . → Read More: econ: From Hayek -> Hicks -> Arrow

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We have progressively abandoned that freedom in economic affairs without which personal and political freedom has never existed in the past. — F. A. Hayek

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