Edwin McClellan

The story of the U. of Chicago graduate student who became Hayek’s English language re-write man:

While studying the works of people like Mill, de Tocqueville, and Joyce under Hayek and other leading thinkers and scholars of the era, [Edwin McClellan] realized it was time for him to choose a subject for his dissertation. After . . . → Read More: Edwin McClellan

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Our predictive capacity of the specific things which the economic system will do at a particular date is limited in exactly the same fashion in which our biological knowledge is largely limited if our task were to predict what a living organism will do at a particular date. — F. A. Hayek

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