The Constitution of Liberty

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Hayek vs Keynes (round 2)

Planned Orders vs Spontaneous Orders

Hayek speaks

The Hayek Interviews

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Friedrich August von Hayek

If we wish to preserve a free society, it is essential that we recognize that the desirability of a particular object is not sufficient justification for the use of coercion

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Hayek

The Hayek Project

Donald Tusk

Excerto de uma entrevista do primeiro-ministro polaco Donald Tusk ao semanário WPost

Interviewer: “In the fight with the financial crisis, are you a Keynesian or a Friedmanite?”

Prime Minister Tusk: “The problem with these theories is that they serve well in thought, but they don’t serve well in practice. If I had to identify myself with someone, at this time it would have to be with Friedrich von Hayek who, talking about the business cycle, highlighted the fact that every artificial boom caused by the expansion of credit by banks works in the end against itself. Today in the philosophy of operating American financial institutions there are too many footprints of the Keynesian tradition of regulation, such as intervention for achieving – in effect – only temporary results.”

(via Mises blog)