Monthly Archives: September 2010

Jimmy Lai — the Tiger Woods animation guy

— has a bust of Friedrich Hayek in the lobby of his corporate headquarters.

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Elite panel lists Hayek’s The Road to Serfdom as

their #1 favorite conservative book. Hayek’s The Constitution of Liberty ranks #9.

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Gold hoarding & the Great Depression

If Hayek had know the facts, perhaps he would have located the principle source of the Depression in France, and not so much in America. Based on later, better data, Hayek concluded that the length and depth of the Depression … Continue reading

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Obamacare, free speech & the rule of law

Themes straight outta The Road to Serfdom … ht Instapundit. More on the same topic from Michael Barone.

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Hayek was not a big fan of “supply side” economics

The growth of wealth comes via the accumulation of capital — i.e. ever more productive and mutually coordinated production goods, created by skilled and intelligent workers and entrepreneurs. It doesn’t come via the accumulation of debt or via the consumption … Continue reading

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William White’s Jackson Hole paper

Here. (pdf) Quotable: Both Keynes and Hayek began their analysis of the 1930’s with the observation of a simple fact. Deep slumps are possible, and the evidence presented in this paper further confirms that fact. The awkward thing is that … Continue reading

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