Tag Archives: Hayek

Powerful because of wealth versus Powerful because of influence. I’ll take the former.

Posted on April 16, 2011 by Jeff

Hayek in the Road to Serfdom makes the point that in a socialist economy the only way to advance is through successfully lobbying the government so that your group is accorded greater privileges. If you have the misfortune to belong … Continue reading →

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Watch What You Wish For

Posted on March 28, 2011 by Jeff

Hayek wrote in The Road to Serfdom that we need to think long-term about the policies and ideas we propose for when you combine all the ideas adopted together over time in a nation and follow their natural consequences out … Continue reading →

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Why SmithHayek?

Posted on February 3, 2011 by Jeff

This is my first post after a fresh install of my blog on my new site – SmithHayek.com. Why SmithHayek? It is named after Adam Smith and Friedrich A Hayek, two of the most famous and influential economists of all … Continue reading →

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