Friedrich Hayek News
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By now, you’re probably tired of all the back-and-forth on Reinhart and Rogoff. That would be Harvard University’s Carmen Reinhart and Kenneth Rogoff, the economists who co-authored the 2009 best-seller, “This Time Is Different: Eight Centuries of Financial Folly,” and who are now on the firing line because of minor data errors in a 2010 working paper.
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Margaret Thatcher, the former U.K. prime minister who helped end the Cold War and was known as the “Iron Lady” for her uncompromising style, died yesterday. She was 87.
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Margaret Thatcher is keeping a record number of Britons in work, nearly 30 years after her policies drove unemployment to the highest in living memory.
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Unlike the movies, life rarely permits second takes. But the Second World War gave John Maynard Keynes, the patron saint of government activism, and Friedrich Hayek, the Cassandra who warned of the state’s destructive potential, just such opportunities.
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Friedrich Hayek’s book “The Road to Serfdom” has served as a beacon for American conservatives since its publication in 1944. Today’s Republicans often cite the book in their fight to limit federal power and regulation. Hayek’s views, however, were more complicated than they often assume.
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Economists talk about the negative impact from the $85 billion of automatic spending cuts with such authority, you would think these forecasts were written in stone.
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An interview with John Mackey, co-CEO of Whole Foods Market and coauthor of Conscious Capitalism: Liberating the Heroic Spirit of Business. Download this podcast...
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Vaclav Klaus, who refused to fly the European Union’s flag above his Prague castle residence, leaves as Czech president today after a decade of criticizing the 27- nation bloc.
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It’s no surprise that economic philosophies tend to divide along party lines. In the U.S., Democrats advocate government intervention in the economy and align with the theories of John Maynard Keynes. Republicans extol the free market and Friedrich Hayek, and think an economy should be allowed to self-correct with as little government intrusion as possible.
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What books have high-profile readers been enjoying this year?
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