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Friedrich Hayek

Looking at Entrepreneurship From a Theoretical Perspective, with Leading Expert Peter Klein

Steve Mariotti | Posted 03.01.2014 | Business
Steve Mariotti

I have built my career on the belief that all students can benefit from learning how to start and maintain a small business. But without understanding the theoretical underpinnings of this movement, we lose some of its significance.

Fast Food Strikes: Raising Wages and Saving the Economy

Richard Brodsky | Posted 10.01.2013 | Politics
Richard Brodsky

These are hard-working folks, often with two jobs, who simply can't survive on what they are paid. Think about it. Work 50 hours at $8 bucks an hour, and your weekly pre-tax income is $400, or about $20,000 annually. Raise a family of four on that.

Ideology Won't Solve Our Problems

Dan Morgan | Posted 05.13.2013 | Politics
Dan Morgan

The sequester that took effect March 1 is a case in point. Some House Republicans have called it the Tea Party's biggest success to date. But a success for whom?

Keynes, Hayek and the Eternal Truths

Robert Teitelman | Posted 02.13.2013 | Business
Robert Teitelman

Over the past year, we've seen a lot of commentary about John Maynard Keynes, Friedrich Hayek, their relationship, their debates, their various ideas ...

Theoretical Economics: My Time With Friedrich Hayek -- and Why Understanding Him and Keynes Is Central to This Election, Part 2

Steve Mariotti | Posted 12.26.2012 | Business
Steve Mariotti

Not quite a "Hayekian," because I disagreed with the master that mathematics could not be used to illuminate theory, and distrustful of Keynesian theory, which advocated massive government spending and deficits -- I felt I had no intellectual home.

Theoretical Economics: My Time With Friedrich Hayek -- And Why Understanding Him and Keynes Is Central to This Election, Part 1

Steve Mariotti | Posted 12.25.2012 | Business
Steve Mariotti

As we seek to choose our next president, we are also still trying to decide, as a nation, whether to risk our still-fragile economic recovery on the competing theories of Keynes and Hayek.

My Week With Milton Friedman, Part 2

Steve Mariotti | Posted 11.05.2012 | Education
Steve Mariotti

As we walked to breakfast, we talked about the hotly debated issue of whether insurance policies were part of the money supply. Friedman was fascinated by the question, having made part of his reputation on defining how to measure the supply of money

My Week With Milton Friedman, Part 1

Steve Mariotti | Posted 11.04.2012 | Education
Steve Mariotti

Dr. Friedman listened politely while I went on and on about my research on the lengthening of the production structure. At some point, Friedman laughed in his characteristic good-natured way, and simply began to talk over me, ignoring my poor manners.

A Homecoming: On Air Conditioning in America

Seth Engel | Posted 10.30.2012 | Green
Seth Engel

Our daily actions and choices have real consequences for the environment that we bequeath to our children, and I was taken aback by some of these American practices upon my return from abroad.

See Charles Koch Flip Flop on Social Security [VIDEO]

Robert Greenwald | Posted 11.29.2011 | Politics
Robert Greenwald

Charles and David Koch built an distortion machine to do their dirty work for them. Through think tanks, academic research, political donations and co...

Stunning Koch Hypocrisy Exposed

The Nation | Yasha Levine and Mark Ames | Posted 11.29.2011 | Politics

There's right-wing hypocrisy, and then there's this: Charles Koch, billionaire patron of free-market libertarianism, privately championed the benefits...

How To Prevent Economic Crises

Bloomberg | Sylvia Nasar | Posted 11.13.2011 | Business

Unlike the movies, life rarely permits second takes. But the Second World War gave John Maynard Keynes, the patron saint of government activism, and F...

How Do Wrong Economic Ideas Become Conventional Wisdom?

Peter Dreier | Posted 07.09.2011 | Books
Peter Dreier

If conservatives don't like labor unions, they are entitled to their opinions. But when they attack unions by arguing that they actually hurt working people, they don't have the facts on their side. They are crying wolf.

Who Did This?

Dennis Whittle | Posted 05.25.2011 | Impact
Dennis Whittle

We shall find too that such current notions as that society 'acts' or that it 'treats', 'rewards', or 'remunerates' persons, or that it 'values' ...

"The Depression of 1933"?? -- Is a Depression a Moveable Famine?

Robert S. McElvaine | Posted 05.25.2011 | Business
Robert S. McElvaine

The Free Market faithful have rewritten a great deal of history. But their most recent claim that Franklin Roosevelt started the Great Depression? That's just ludicrous.