VIDEO — JAMES BUCHANAN & F. A. HAYEK DISCUSS THE LIMITS OF ECONOMICS

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One of the first conclusions at which I remember I had arrived .. was that stabilization of national price levels and stabilization of foreign exchange were conflicting aims. But before I could anywhere submit for publication the short article I had written on the subject, I found that Keynes had just stated the same contention in his Tract on Monetary Reform .. I greatly admired this particular work of his. — F. A. Hayek

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