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Friedrich Hayek

 
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Joined: 31 Jan 2010

PostPosted: Fri Jul 16, 2010 6:39 am    Post subject: Friedrich Hayek Reply with quote

http://hayek.ufm.edu/index.php/Main_Page

Here is a set of truly remarkable interviews from one of the premier minds of the 20th century.

I've watched the first series, ie the first three segments. I consider myself fairly adept in the field of econ, but I was googling and following strands of references that I had no conception of.

These interviews have never been available before. This is the same as 20 hours of interviews with Einstein or Freud randomly appearing on the internet.
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Joined: 07 Feb 2003

PostPosted: Sat Jul 17, 2010 11:46 pm    Post subject: Reply with quote

Thanks for the link. All Keynsian books need to be burned ASAP and Bernanke and Geithner need to be put in a room for a month and forced to read Hayak, Mises and other Austrain ecomists
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Joined: 31 Jan 2010

PostPosted: Sun Jul 18, 2010 1:20 am    Post subject: Reply with quote

Skip straight to the part where he is talking about Keynes. I think it's in the second interview. Hayek was close friends with Keynes and in the interview he talks about how Keynes never would have advocated directly applying his scholarship to policy prescriptions. He talks about spending a year thoroughly refuting some of Keynes' earlier work only for Keynes to turn around and say "Oh, I agree with you, I don't believe any of what I wrote anymore, anyway." Which is why Hayek never bothered to write a refutation of The General Theory when it was published. Keynes probably would have recanted The GT anyway. (not that is said anything new anyway).

Which is one of the things that makes it so infuriating that we still live under the specter of his influence.
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