Monthly Archives: February 2009
quote: Hayek on Why Economists Won’t Change Their Minds
One of the forms of private property that people cherish most is their ideas. If you convince them that their ideas are wrong, you have caused them to suffer a capital loss. — Friedrich Hayek, quoted by Michael Walker, former … Continue reading
Posted in Quotations
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crisis: Hayek vs. Tobin?
Josh Hendrickson asks, “Whose Moment is This?”
Posted in Fun
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video: CNBC’s “House of Card” is available on Hulu
You can watch the full 1 1/2 hour CNBC video “House of Cards” here. The program is by far the best I’ve seen on the current economic boom and bust. I especially recommend watching Alan Greenspan’s mea culpa / “but … Continue reading
Posted in Boom & Bust
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jumpstart: Hayek’s The Road to Serfdom is #393 at Amazon
The paperback “Collected Works” edition of F. A. Hayek’s The Road to Serfdom is currently #393 in books at Amazon, after being praised and recommended in the past few days by Rush Limbaugh and Edward Lampert, the Chairman of Sears … Continue reading
Posted in Road to Serfdom
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crisis: Chairman’s Letter to Sears Shareholders Defends Capitalism, Analyzes Crisis, Recommends Hayek
Quotable: The two most important books that any student of current events should be reading in this environment are both by Friedrich Hayek, the esteemed Austrian economist. Based on events he witnessed beginning in the early part of the 20th … Continue reading
Posted in Influence, Road to Serfdom
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radio: Rush Limbaugh on Brooks, Hayek & Obama
Quotable: It’s puzzling, because these people are smart. Friedrich von Hayek, one of my most admired people, an economist, among the places he taught was the University of Chicago. He was a free market capitalist. His Road to Serfdom, great … Continue reading
Posted in Intellectuals
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