Post Tagged 'The Road to Serfdom'

June 04, 2025

Liberalism All the Way Down

In 2009, the economist Tyler Cowen began a TEDx Talk in open subversion of the format, telling the audience: “I was told to come here and tell you all stories, but what I’d like to do is instead tell you why I’m suspicious of stories. Continue Reading...

September 04, 2024

The Road to Serfdom at 80

F.A. Hayek’s The Road to Serfdom (1944) is often portrayed as a mid-20th-century economist’s restatement of a 19th-century case for unreconstructed laissez-faire economics. Anyone who has read the text, however, knows that this is a serious misrepresentation of Hayek’s most famous book. Continue Reading...

July 13, 2015

Economists as Engineers of Markets?

A bit of humility is in order. Alvin E. Roth to Russ Roberts on EconTalk: … I think that economists have to approach their role as engineers with great humility. There’s a lot we don’t understand. Continue Reading...

September 02, 2009

Health Rationing for the Greater Good

[UPDATE BELOW] I discussed the creepy side of President Obama’s “science czar” here. But there are more creepy things in the cabinet. The Wall Street Journal reports that the president’s health policy adviser, Dr. Continue Reading...