VIDEO — Angus Burgin on Hayek, Friedman, the Mont Pelerin Society & the Rise of ‘NeoLiberalism’

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Our task [as economists] is to show how only a market and a competition-determined price system can enable us from day to day to adjust a worldwide division of labor to ever-changing circumstances and to maintain that degree of productivity which we need in order to keep the population of the world alive. — F. A. Hayek

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