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  • Friedrich Hayek

    Economic Freedom: The Freedom to Choose

    A recent Pew Research Center study, The American-Western European Values Gap, shows that the U.S. is unique in its percentages of: People who believe that “freedom to pursue life’s goals without state interference” is more important than “state guarantees [that] nobody is in need,” People who disagree that “success in … More

    VIDEO: Rep. Justin Amash and Author Katie Pavlich at The Bloggers Briefing

    Rep. Justin Amash (R-MI) swore to support and defend the U.S. Constitution upon taking office. The founding document weighs heavily on him with each vote, and it’s the reason Amash is the only member of Congress to justify each of those votes on his popular Facebook page. He’ll speak today … More

    Podcast: Keynes vs. Hayek

    Make sure to listen to a recent radio interview with Nicholas Wapshott, author of the new book, “Keynes Hayek: The Clash That Defined Modern Economics.” What was the relationship between Keynes and Hayek really like? Why did Keynesian thought dominate from WWII until 1980? Why did Hayekian thought dominate from 1980 … More

    VIDEO: Hayek vs. Keynes Rap Battle Royale

    It’s not Eminem or Dre, not East Coast or West. It’s economists Hayek and Keynes, and Congress can’t decide who gets it best. They’re battling it out on the mean streets of DC, to see who can fix the economy…. Sometimes, the best way to get a point across is … More

    Hayek’s Top 10 Do’s and Don’ts in a Recession

    With the country in the midst of the worst recession since the Great Depression, it’s no surprise that the economy is on everyone’s mind. According to the latest Gallup poll, 7 in 10 Americans point to economic issues as the most important problems facing the country. Such are the problems—now … More

    Morning Bell: Big Government, Big Business, Big Problem

    In what Politico is calling “the first whiff of the desperation inside the White House about the slowness of the economic recovery,” President Barack Obama spoke to the U.S. Chamber of Commerce yesterday, claiming: “I understand the challenges you face. I understand you are under incredible pressure to cut costs … More

    Friedrich von Hayek: The Road to Serfdom

    It seems every day there are more calls for government intervention to relieve us from the infliction and anguish caused by our current economic woes. Those who call for more government centralization and planning reason that doing so can dispel hardship and decline. Yet rarely do they consider that central … More

    Question Cap and Trade at Your Peril

    The Hill reports today: Energy panel Republicans are levying accusations of witness intimidation against Democratic Rep. Ed Markey (D-Mass.), one of the key authors of the contentious House climate change bill. Republicans have seized on a letter – a copy of which was obtained by The Hill – that Markey … More

    Words of Warning from 1940

    Herbert Hoover was no laissez-faire president like Calvin Coolidge, however he did respect the constitution, and he never was willing to go as far as Franklin Roosevelt. He made a speech just before Roosevelt’s election to a third term, in which he made some salient points—ones we would still be … More

    Hayek’s Birthday

    Today is Friedrich Hayek’s birthday and it is an important year to celebrate his birth. Although the twentieth century was the century of Hayek, this year seems also to be the year of Hayek. As a country, we are belatedly remembering his warnings, and seeing the consequences of ignoring them … More