On Reading Hayek (A Continuing Series)

by Pejman Yousefzadeh on November 27, 2010

I quite agree with Tyler Cowen, who states that recent events have made Friedrich Hayek worth reading again. But concerning Professor Cowen’s comment “about how Hayek’s predictions in Road to Serfdom have been falsified,” I would respond by pointing out that many of the people who claim to have successfully falsified Hayek’s predictions never read Hayek properly in the first place.

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