Monthly Archives: November 2010

WHAT COULD KARL SMITH BE THINKING?

According to economist Karl Smith, one of the things that Hayek explains in his Road to Serfdom is why “there is nothing fundamentally wrong with communal ownership of the means of production.” And, yes, you did read that right.

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BARACK OBAMA — THE MARXIST-LENINIST YEARS

Hayek’s great mistaken prognostication has nothing to do with the welfare state — Hayek’s great error in the science of divining historical inevitability was his false prognosis of the death of “hot socialism”.  Indeed, the reports of the death of … Continue reading

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“PRICES AND PRODUCTION” READING GROUP

Taking place now at the Economic Thought web site.

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“COMMENTS” SHOULD BE WORKING

Comments are open.  I need some folks to test it out and make sure it is working. Test out the comments, let me know what is on your mind, or suggest some ways I might make “Taking Hayek Seriously” something … Continue reading

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“I AM A SOCIALIST” — LAWRENCE O’DONNELL

Mainstream Hollywood writer and former top Congressional aid Lawrence O’Donnell declares once again that he isn’t a liberal, he’s an “extreme left” socialist. Stanley Kurtz, in his new book on Obama and the American Left, documents how most politically active … Continue reading

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WHAT WAS HAYEK READING IN 1919-1920?

Here are some of the references from Hayeks 1920 “Sensory Order” paper titled “BEITRAEGE ZUR THEORIE DER ENTWICKLUNG DES BEWUSSTSEINS” and dated “September 1920”: W. Jerusalem, Lehrbuck der Psychologie, 4.Aufl. Wien 1907. M. Verworn, Die Entwicklung des menschlichen Geistes, 4.Aufl. … Continue reading

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