Readings for Hayek-Klein Day

7 May 2010 at 11:05 am Peter G. Klein 8 comments

| Peter Klein |

Here are some readings to help you celebrate tomorrow’s Hayek-Klein Day:

Entry filed under: - Klein -, Austrian Economics, Entrepreneurship, People, Strategic Management, Theory of the Firm.

The Invention of Enterprise: Reviews Transaction Costs and the Virtual Personal Assistant

8 Comments Add your own

1. David Gerard | 7 May 2010 at 3:28 pm

I suppose it’s out of the question to ask if you have anything planned.
2. Peter Klein | 7 May 2010 at 3:34 pm

Heh. But, David, let me quote from “The Use of Knowledge in Society,” section II, paragraph II:

The answer to [the knowledge] question is closely connected with that other question which arises here, that of who is to do the planning. It is about this question that all the dispute about “economic planning” centers. This is not a dispute about whether planning is to be done or not. It is a dispute as to whether planning is to be done centrally, by one authority for the whole economic system, or is to be divided among many individuals.

I think that tomorrow my friends and I will gather into taxis and go somewhere to gaze at the cosmos. How’s that?
3. Randy | 8 May 2010 at 10:16 am

Taxis — plural?
4. Randy | 8 May 2010 at 10:16 am

That is, taxes?
5. Peter Klein | 8 May 2010 at 10:45 am

No, no, taxis:

http://books.google.com/books?id=UunDsFD25fYC&pg=PA35&dq=hayek+cosmos+taxis&hl=en&ei=TTa6S_77AYvcNtDeheIL&sa=X&oi=book_result&ct=result&resnum=2&ved=0CEEQ6AEwAQ#v=onepage&q&f=false

But I do recall the answer to the question, “How does one avoid Taxes?” Answer: “Take a left at New Maxico.”
6. Randy | 8 May 2010 at 3:31 pm

I was serious. The plural of taxis (biology and Hayek) is taxes. So, will you and your friends follow separate controlled movements (several taxes) or one common one – a taxis?
7. Peter Klein | 8 May 2010 at 4:37 pm

Ah, I underestimated the cleverness / smart-assery of your comment.

To reply, I must invoke some Hayekian notion of sheer ignorance.
8. Randy | 8 May 2010 at 11:27 pm

Is that sheer in the sense of transparent?