Monthly Archives: January 2009

book: “Studies on the Abuse and Decline of Reason”

Quotable: “The Austrian economist Friedrich A. Hayek came to the London School of Economics as a visiting professor in fall of 1931, and secured a permanent position as the Tooke Chair of Economic Science and Statistics the following year. From … Continue reading

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mag: Hayek on Responsibility

Quotable: “About a half century ago Friedrich Hayek, in The Constitution of Liberty, wrote that a free society depends more than any other on people being held responsible for their actions. In a free society individuals act according to their … Continue reading

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photo: Hayek Teaching at the L.S.E. in 1948

This photo accompanies the London Telegraph blog entry “Financial crisis shows why we should admire Friedrich Hayek” posted by Philip Booth.

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article: “Did Hayek and Robbins Deepen the Great Depression?”

ABSTRACT: “Contrary to some accounts, the Hayek–Robbins (“Austrian”) theory of the business cycle did not prescribe a monetary policy of “liquidationism” in the sense of passive indifference to sharp deflation during the early years of the Great Depression. There is … Continue reading

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Mont Pelerin Society to Meet in Tokyo

The Mont Pelerin Society celebrates it’s 60th anniversary with a meeting in Tokyo this September with a special focus on Technology and Freedom.

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Hayek on Keynes

Let’s start with some quotes.  I’ll be updating this posting through the month. Hayek on Keynes as an economist: “His ideas were rooted entirely in Marshallian economics, which was in fact the only economics he knew.” (Collected Works, Vol. 9. … Continue reading

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