How Public Policy Can Affect Almost Everything

For those of you who have studied F. A. Hayek for years, my recent epiphany (see earlier post) must seem almost laughable. Like a music historian who, after forty years in the field, suddenly discovers Tchaikovsky. Though written almost seventy years ago, The Road to...

Russians and Sources

I have a different take on Russia and Russians than you might hear otherwise, and this experience leads me to a small suggestion which I often share with our children. Russians tend to be independent and entrepreneurial; they believe in faith, family, education,...

Advice to current Economic Policy Makers: Take a Hayek

Where has F.A. Hayek been all my life? Thanks to our sons, I’m reading The Road to Serfdom, written by Hayek when he was at the LSE in 1944. Hundreds of thousands of copies have been read since then, but even though I was an Econ major in 1968, somehow I missed...