“Deflation .. Prolonged The Depression” — New Friedrich Hayek Interview

Now in English: Conversations with Great Economists:  Friedrich A. Hayek, John Hicks, Nicholas Kaldor, Leonid V. Kantorovich, Joan Robinson, Paul A.Samuelson, Jan Tinbergen by Diego Pizano.

Originally published in Spanish as Dialogos Con Economistas Eminenes, (Mexico) Fondo de Cultura Economica, 1980.  Preview the book at Google Books here.  Buy the book from Amazon here.

The . . . → Read More: “Deflation .. Prolonged The Depression” — New Friedrich Hayek Interview

lit: “Hayek Translated: Some Words of Caution”

by Hansjörg Klausinger. From the Abstract:

This note points to the problems arising from the translations of Hayek’s early German-language writings on monetary theory before 1931. Two issues are emphasised. First, some examples of misleading translations of outdated terminology are provided. Second, it is shown that contemporary as well as more recent translations exhibit the . . . → Read More: lit: “Hayek Translated: Some Words of Caution”

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The method of relying upon competition [to order our affairs], if it is to be made effective, requires a good deal of government activity directed toward making it effective and toward supplementing it where it cannot be made effective. — F. A. Hayek

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