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."
Produced by John Papola and Russ Roberts.
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.
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...
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
Hoover fellow Russell Roberts is using rap music to make the dismal science far less dismal. By Charles Lindsey.
Marxism was never about achieving an egalitarian society. It was about the pursuit of raw power.
An examination of the political philosophy and legacy of one of the most important minds of the twentieth century. By Tom Bethell.
The Soviet disaster shows that modern economies are too complex to plan.
A reflection on the life of former Hoover fellow Karl Popper, one of the past century’s greatest thinkers. By Piers Norris Turner.
The root of most arguments against the market is a lack of belief in freedom—at least for other people—as a worthy end.