REREADING

By Greg Ransom, on December 2nd, 2010%

The Road to Serfdom and The Fatal Conceit.

Comments are closed   Fatal Conceit, Road to Serfdom

Obama’s Fatal Conceit

By Greg Ransom, on August 2nd, 2009%

Steven Horwitz:

The headlines blare that President Obama will “restructure the financial services industry” and “fix the health care crisis.” A 31-yearold with no experience in the business world, but a lot of experience in politics, has been put in charge of dismantling General Motors.

Members of Congress lecture car manufacturers and mortgage lenders on . . . → Read More: Obama’s Fatal Conceit

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Barack Obama and The Fatal Conceit

By Greg Ransom, on July 30th, 2009%

A quick google of “Obama” and “fatal conceit” harvests over 16,000 links.   The interpretation of Barack Obama and his government as an instantiation of what Friedrich Hayek examined in his classic book The Fatal Conceit has become one of the dominant narratives of today.   In May John Stossel wrote a widely circulated piece on the . . . → Read More: Barack Obama and The Fatal Conceit

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Friedrich Hayek was arguably the greatest social scientist of the twentieth century. By the time of his death, his fundamental way of thought had supplanted the system of John Maynard Keynes — his chief intellectual rival of the century — in the battle since the 1930s for the minds of economists and the policies of governments. — Julian Simon
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