Showing posts with label F.A. Hayek. Show all posts
Showing posts with label F.A. Hayek. Show all posts

Friday, May 8, 2015

Happy Birthday, F.A. Hayek! (8 May 1899 – 23 March 1992)




Happy Birthday, Friedrich August von Hayek!
Here's a video profiling the great classical liberal political economist and philosopher.





Then there's this great one from EconStories:



And the follow-up:






And of course last, but not least, "I'm in Love with Friedrich Hayek," by Dorian Elektra:




http://en.wikipedia.org/wiki/Friedrich_Hayek









Thursday, August 22, 2013

F.A. Hayek


Thursday, August 11, 2011

Friedrich August Hayek (1899 - 1992)


The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. To the naive mind that can conceive of order only as the product of deliberate arrangement, it may seem absurd that in complex conditions order, and adaptation to the unknown, can be achieved more effectively by decentralizing decisions and that a division of authority will actually extend the possibility of overall order. Yet that decentralization actually leads to more information being taken into account.
o The Fatal Conceit : The Errors of Socialism (1988), p. 76