Friedrich Hayek's warnings against the dangers of government intervention have won the late economist a new following. But Hayek's views are more complex than many of his fans realize, says UAB ...
It will be 50 years on Wednesday since economist Friedrich Hayek’s Nobel Prize lecture, “The Pretense of Knowledge,” our Alex Pollock reminds us. That was the speech in which Hayek decried the ...
Born in Austria in 1899, Nobel Prize-winning economist Friedrich von Hayek was an advocate of free-market capitalism. He is known for his criticism of the prevailing economic theories of the 20th ...
This is the 50th anniversary of Friedrich Hayek’s 1974 Nobel Prize Lecture, “The Pretense of Knowledge.” In his brilliant presentation, which applies particularly to central banks and their yearning ...
The divergent views of economists Friedrich Hayek and John Maynard Keynes have shaped much of this discourse. Hayek firmly opposed government intervention in the market. He believed that even in ...
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