Hayek Speaks on Inflation and Unemployment

26 November 2008 at 11:15 am 1 comment

| Peter Klein |

Kudos to Jeff Tucker for unearthing this 1975 interview from Meet the Press. Notes Jeff:

The line of questioning he endures is hilariously naive and idiotic. We think we have a Keynesian problem now; it’s clear that these people really believe that policy makers can manipulate the economy like a machine, trading off unemployment for inflation and back again, with no trouble.

John Cochran suggests another Hayek appearance from 1975, this one a lecture at the University of Colorado (provided by Fred Glahe). Here are a few more from the Mises.org audio archive. And see also the new book.

Entry filed under: - Klein -, Austrian Economics, People, Public Policy / Political Economy.

A Note on Systems Integration Identification versus Importance

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