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| Economy |
| Today in History: Happy Birthday, Friedrich August Hayek! |
| 2009-05-05 |
| Ilya Somin, The Volokh Conspiracy Today is F.A. Hayek's 110th birthday. Hayek was perhaps the most influential libertarian thinker of the 20th century. Books such as The Road to Serfdom, The Constitution of Liberty, and Law, Legislation, and Liberty had a major impact on economics, political theory, and legal thought. Hayek also won a Nobel Prize in Economics for his technical work on monetary policy and business cycles. My personal favorite among Hayek's works is his famous 1945 article, "The Use of Knowledge in Society," which explains why private sector institutions generally do a better job of gathering and using information than government.... |
| Posted by:Mike |
| #6 Ilya has admitted he's wrong - Hayek's birthday is the 8th. On the bright side, Ilya's looking forward to writing about Hayek again on Friday, too. :-D |
| Posted by: Barbara Skolaut 2009-05-05 18:53 |
| #5 F.A. hayek could (and did) kick Karl Marx' butt. I think Karl deserves some sort of recognition for writing what may well be the most boring and obtuse prose ever. That and being pretty much wrong about everything. However, not only does F.A kick Karl's butt, but he compares well to Salma: The Salma Hayek versus Friedrich Hayek Scorecard |
| Posted by: SteveS 2009-05-05 17:40 |
| #4 100 Million people would not been murdered by their own countries and the world would be astonishingly richer if more people had heard of Hayek than Marx. |
| Posted by: Bright Pebbles the flatulent 2009-05-05 16:10 |
| #3 F.A. hayek could (and did) kick Karl Marx' butt. |
| Posted by: Mike 2009-05-05 14:29 |
| #2 Same day as Karl Marx weird. Truth is stranger than fiction. |
| Posted by: Jumbo Slinerong5015 2009-05-05 13:24 |
| #1 Same day as Karl Marx? The Yin and Yang of economic theorists? |
| Posted by: Glenmore 2009-05-05 12:57 |