“I can date my own personal ‘revolution’ rather exactly to May or June 1933. It was like this. It began .. with Hayek." — John Hicks
His discussion of Hayek begins at about 8 minutes into the video.
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The fundamental principle that in the ordering of our affairs we should make as much use as possible of the spontaneous forces of society .. is capable of an infinite variety of applications. — F. A. Hayek
The fundamental principle that in the ordering of our affairs we should make as much use as possible of the spontaneous forces of society .. is capable of an infinite variety of applications.
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