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 . . . → Read More: Milton Friedman meets Karl Popper, talks philosophy of science

Hayek vs Friedman: The Tale of the Tape

Get ready to rumble — Charles Rowley takes the measure of Friedrich Hayek and Milton Friedman:

For an economist to make a real impact, in my opinion, four ingredients are necessary.  The first ingredient is genius, the ability to see through the fog of a complex world and identify new insights of true significance for the discipline. The . . . → Read More: Hayek vs Friedman: The Tale of the Tape

Rose Friedman Has Died

The Friedman Foundation announced her death this afternoon.

Rose Friedman was the co-author with her husband of several of the most important books on economics and human liberty ever written, including Free to Choose and Capitalism and Freedom.

Free to Choose became a massive international bestseller when it was released in 1980.  No book did . . . → Read More: Rose Friedman Has Died

macro: Friedrich Hayek vs Milton Friedman

Roger Garrison has an excellent little article out comparing the monetary economics of Friedrich Hayek and Milton Friedman — “Hayek and Friedman:  Head to Head” (pdf).

audio: Bruce Caldwell on Friedrich Hayek & 20th Century Economics

Here’s a great discussion on the economics of Friedrich Hayek (mp3) placed in the context of the history of economics and philosophy of science.  The speaker is Bruce Caldwell, author of Hayek’s Challenge.

chicago: Bruce Caldwell on Hayek & the Formation of “The Chicago School” of Economics

Bruce Caldwell, “The Chicago School, Hayek & Neoliberalism” (pdf) draft, Feb. 1, 2009.  From the paper:

Friedrich A. Hayek taught at the University of Chicago from the fall semester of 1950 through 1962, a period during which the second, or new, Chicago School of Economics was formed.

The question naturally arises: What was his role . . . → Read More: chicago: Bruce Caldwell on Hayek & the Formation of “The Chicago School” of Economics

interview: Hayek on Money, Keynes, Friedman & Gold

Quotable:

Q: You taught with Lord John Maynard Keynes at the same university, did you not?

Hayek: I taught at his university while he was advising government. We at the London School of Economics were evacuated to Cambridge for the whole World War II period, and Keynes got me rooms in his college. But he . . . → Read More: interview: Hayek on Money, Keynes, Friedman & Gold

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Random Quote

Much of my research work since the 1950s has been focused on issued in welfare economics viewed from an informational perspective. The ideas of Hayek (whose classes at the London School of Economics I attended) have played a major role in influencing my thinking. — Leonid Hurwicz

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