“I can date my own personal ‘revolution’ rather exactly to May or June 1933. It was like this. It began .. with Hayek." — John Hicks
Here’s a great discussion on the economics of Friedrich Hayek (mp3) placed in the context of the history of economics and philosophy of science. The speaker is Bruce Caldwell, author of Hayek’s Challenge.
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By the time Hitler came to power, liberalism was to all intents and purposes dead in Germany. And it was socialism that had killed it. — F. A. Hayek
By the time Hitler came to power, liberalism was to all intents and purposes dead in Germany. And it was socialism that had killed it.
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