Friedrich Hayek

Friedrich Hayek News

  • Gold Bug Schiff Counters Goldman on First Drop Since 2000

    Peter Schiff lays an iPod-sized bar valued at about $40,000 on the sun room floor of his Connecticut mansion, and calculates it would cost about $250,000 for each floor tile to pave the room with gold.

  • Are Republicans and Business on the Rocks?

    In recent days, some stalwart allies of the Republican Party -- Wall Street bankers along with several business lobbying groups -- have warned against the government shutdown. Rather than endorse House Republicans’ campaign to destroy the Affordable Care Act, business and financial leaders have politely suggested that the more radical elements Republicans are getting a bit carried away.

  • Hayek, Keynes and How to Prevent Economic Crises: Sylvia Nasar

    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.

  • Whole Foods' John Mackey on Capitalism's Moral Code

    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...

  • Krugman Tries to Bury Friedman, Buries Himself

    It’s good that Milton Friedman is dead, because for the past week Paul Krugman has been trying to kill him off and discredit his monetarist theories.

  • Schumpeter Goes Bust, Mankind Booms in Story of Economic Genius

    Famous economists are often remembered as adversarial eccentrics.

  • Dead Economists Debate Bang for the Buck from Spending

    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.

  • Keynes and Hayek’s Great Debate (Part 1): Nicholas Wapshott

    The greatest debate in the history of economics began with a simple request for a book. In the early weeks of 1927, Friedrich Hayek, a young Viennese economist, wrote to John Maynard Keynes at King’s College, Cambridge, in England, asking for an economic textbook written 50 years before: Francis Ysidro Edgeworth’s exotically titled “Mathematical Psychics.” Keynes replied with a single line on a plain postcard: “I am sorry to say that my stock of ’Mathematical Psychics’ is exhausted.”

  • Chile Invoking Ghost of Friedman Kills CPI Linkers

    Chile’s success in stamping out inflation is punishing investors in the nation’s $51.7 billion government bond market, where more than 70 percent of the outstanding debt is linked to consumer prices.

  • Thatcher Legacy Sees Employment Rising Amid U.K. Slump

    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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