Monthly Archives: June 2009

bust: Hayek, Not Marx

Economist Art Carden explains why he’s reading Hayek, not Marx, in this time of economic crisis: Marx’s status as an important figure in the history of ideas is unassailable, but the decisive and multi-faceted refutations of his system suggests that … Continue reading

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seminar: Ransom on Hayek 3

In my first two Hayek Seminar postings I highlighted the fact that for Hayek the empirical character of economics science begins with empirical problems in our experience. We witness a constantly repeated pattern in which prices “tend” toward costs. Alternatively, … Continue reading

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wiki: “Hayek” Entry at Wikipedia, section 2

Do you like section 2 of the “Friedrich Hayek” entry at Wikipedia? Is it good enough or do you have an idea to make it better? (Part of a continuing series): Hayek was born in Vienna, then capital of the … Continue reading

Posted in Biography | 1 Comment

seminar: Ransom on Hayek 2

What I’m probing right now is Hayek on the spurs to inquiry in economics. One insight I’d like to suggest is the fact that over time the human race loses track of the problems which originally provoked inquiry — and … Continue reading

Posted in Economics, Seminar on Hayek | 1 Comment

seminar: Ransom on Hayek 1

I’m going to start using this space to teach some Hayek — and perhaps generate a conversation. Please feel welcome to add your own thoughts in the comments section below. Today’s seminar topic is the empirical nature of economics science. … Continue reading

Posted in Economics, Seminar on Hayek | 4 Comments

college: Harvard Law Students Confront Hayek’s Critique of “Social Justice”

Final Report to the Office of Public Interest Advising and Program on the Legal Profession at Harvard University: .. in Week 6, we read a chapter by Friedrich Hayek in which he presents a free market critique of the concept … Continue reading

Posted in Law, Social Justice | 2 Comments