Economist and Hoover honorary fellow Friedrich Hayek spent seven decades extolling the supremacy of capitalism over socialism. For most of those decades, Hayek was a voice in the wilderness. Yet as John Cassidy argues, by the end of his life Hayek was vindicated to such an extent that "it is hardly an exaggeration to refer to the twentieth century as the Hayek century."
Russell Roberts, a research fellow at the Hoover Institution and EconTalk host, presents the impact of government spending (Keysenian theory) versus a free market solution (Hayek theory) on the economy using a rap video.
Produced by John Papola and Russ Roberts.
Bruce Caldwell Delivers Keynote Address On Hayek For Library & Archives Workshop On Political Economy
On Friday, June 24, the second annual Hoover Institution Library & Archives Workshop on Political Economy hosted a public lecture by renowned scholarBruce Caldwell, professor of economics at Duke University and director of Duke's Center for the History of Political Economy.
The twenty-one essays in this book provide an overview of the contributions of Nobel laureate and Hoover Institution honorary fellow Friedrich A. von Hayek to the fields of economics, political theory, history, and philosophy.
William F. Buckley Jr. reflects on Friedrich Hayek’s invaluable contributions to the fight against socialism—a fight that was still very much under way when Buckley delivered these remarks a quarter of a century ago.
The stimulus package was passed with much talk of Keynesian multipliers and boosting aggregate demand. But now that the stimulus has barely dented the unemployment rate, and with government spending and deficits soaring, it's natural to turn to Hayek.
Wait a minute, isn't this the 21st?...
George F. Will pays tribute to “America’s most consequential public intellectual of the twentieth century.”
A photographic history of the Hoover Institution Library and Archives. By Cissie Dore Hill.
Two wonderful posts by Brad DeLong, (here and here) on the economic changes of the last century...
With politicians proposing policies that would vastly expand the size of the government and its involvement in the economy, it is clear that too many Americans have forgotten the lessons of the twentieth century. As Friedrich Hayek and Milton Friedman pointed out long ago, deviating from market principles is a recipe for disaster.
The latest EconTalk is a conversation with Timothy Brook, author of Vermeer's Hat, a lovely book that looks at the dawn of globalization in the 17th century by examining Vermeer's paintings and other bits of Dutch culture...
David R. Henderson on Keynes Hayek: The Clash that Defined Modern Economics by Nicholas Wapshott
The Hoover Institution Library & Archives are uses as raw materials for publications around the world. Here are a selection of the new publications released this past month that utilized the Hoover collections as a resource.
Bryan Caplan dismisses Hayek’s contributions as flabby: I’ve long since lost all patience with Hayek. . . .