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.
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.
Hoover Senior Fellow John F. Cogan’s book, The High Cost of Good Intentions: A History of U.S. Federal Entitlement Programs, won the 2018 Hayek Book Prize.
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?...
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.
David R. Henderson on Keynes Hayek: The Clash that Defined Modern Economics by Nicholas Wapshott
The personal papers of George Koether, now available for research, offer insights to the economic and political thought in the United States during the mid-twentieth century, as well reflecting Koether’s relationships with fellow economists such as Henry Hazlitt, Murray Rothbard, and Friedrich Hayek.
The past century has witnessed dramatic improvements in the standard of living in the United States. Panelists will discuss the role that free markets, property rights, innovation, regulation, and national security have played in this remarkable advancement in human well-being.
Bryan Caplan dismisses Hayek’s contributions as flabby: I’ve long since lost all patience with Hayek. . . .