"Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem


Go to econstories.tv for EconStories content and materials. Produced by Emergent Order. Visit us at http Econstories.tv is a place to learn about the economic way of thinking through the eyes of creative director John Papola and creative economist Russ Roberts. In Fear the Boom and Bust, John Maynard Keynes and FA Hayek, two of the great economists of the 20th century, come back to life to attend an economics conference on the economic crisis. Before the conference begins, and at the insistence of Lord Keynes, they go out for a night on the town and sing about why there's a "boom and bust" cycle in modern economies and good reason to fear it. Get the full lyrics, story and free download of the song in high quality MP3 and AAC files at: econstories.tv Plus, to see and hear more from the stars of Fear the Boom and Bust, Billy Scafuri and Adam Lustick, visit their site www.billyandadam.com Music was produced by Jack Bradley at Blackboard3 Music and Sound Design. It was composed and performed by Richard Royston Jacobs. http **Charging Bull© Arturo DiModica, 1998


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Hayek on Socialism


Friedrich Hayek talks about socialism. For all major works on economic calculation see here sites.google.com For a deeper understanding of Hayek's argument on socialist calculation and the knowledge problem see Individualism and the Economic Order in PDF at mises.org Also of interest is the book that inspired Hayek arguments: Socialism by Ludwig von Mises in PDF at mises.org Although a shorter introduction to Mises arguement can be found in Economic Calculation in the Socialist Commonwealth here as PDF mises.org here as you tube video www.youtube.com As a side note; any viewers who have the objection that what Hayek is talking about is not 'socialism' read pages 33, 34 & 35 of the Road to Serfdom for Hayeks clarification of his use of the term. Click link for audio of those pages - www.youtube.com This is an excerpt from a longer interview which can be found here www.vimeo.com


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FA Hayek on Social Evolution and the Origins of Tradition


In this exclusive video, Nobel-laureate FA Hayek discusses the evolution of morality and social norms, arguing that they result from unplanned, emergent processes. He contrasts this conclusion with other philosophical accounts of law and morality. Read more essays by and about Hayek at www.Libertarianism.org Download an .mp3 of this lecture here bit.ly


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Friedrich Hayek's 'The Road to Serfdom' in 5 Minutes


Short series of cartoons and text summing up the message of Friedrich Hayek's classic book 'The Road to Serfdom' - that socialism and economic planning unwittingly yet inevitably lead to totalitarianism.


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I'm in Love with Friedrich Hayek


A love song for economist FA Hayek. Original song by Dorian Electra. Filmed by Clara Lee, Madeline Scholl, and Ciaran Finlayson. Lyrics: Hey there Freidrich Hayek, ya lookin really nice Your methodology is oh so precise You break down social science to the fundamentals Rules and social order are the essentials Chorus: The use of knowledge in society by each of us we make the economy It's not magic that somehow our plans all align The result of human action, not of human design Tell me your thoughts on resource misallocation Distorted price signals and misinformation Interest rates that are made artificially low Telling producers where resources should go Chorus Since these low interest rates, like you said, are lies Malinvestments come as no surprise Soon these mistakes will all be revealed and then corrected, unless they're concealed Chorus Sometimes I dream all day 'bout bein' Mrs. Hayek We'd share milkshakes, watch sunsets, and kayak We'd work together on that business cycle theory Oh darlin' you've been workin' hard, you must be weary Come to my couch, on which you can rest I'll make tea, we'll talk credit and interest Then I can talk about my interest in you Of course we'll talk 'bout the economy, too Just me and you (x2) Me and You Oh, oh Me and You (Red FA Hayek poster at 0:14 designed by LibertyManiacs www.zazzle.com ) Featured Books: "Individualism and Economic Order"-FA Hayek www.press.uchicago.edu "The Road to Serfdom"-FA Hayek www.press.uchicago.edu


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FA Hayek - How Unions Cause Unemployment


Professor Hayek shares a subtle and sophisticated understanding on the real world dynamics of labor unions. www.LibertyPen.com


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FA Hayek - National Altruism


Hayek explains the role of altruism in an individualist society. www.LibertyPen.com


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Glenn Beck Presents FA Hayek's "The Road to Serfdom" Part 1


This video via user TheConservatube; thank you! What FA Hayek saw, and what most all his contemporaries missed, was that every step away from the free market and toward government planning represented a compromise of human freedom generally and a step toward a form of dictatorship--and this is true in all times and places. He demonstrated this against every claim that government control was really only a means of increasing social well-being. Hayek said that government planning would make society less liveable, more brutal, more despotic. Socialism in all its forms is contrary to freedom. Nazism, he wrote, is not different in kind from Communism. Further, he showed that the very forms of government that England and America were supposedly fighting abroad were being enacted at home, if under a different guise. Further steps down this road, he said, can only end in the abolition of effective liberty for everyone. Capitalism, he wrote, is the only system of economics compatible with human dignity, prosperity, and liberty. To the extent we move away from that system, we empower the worst people in society to manage what they do not understand.


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The Levin interviews - Friedrich Hayek


Bernard LEVIN in conversation with economist Professor Freidrich HAYEK. Broadcast: 31st May 1980 at the University of Freiburg.


The Levin interviews Friedrich Hayek

FA Hayek - Social Justice


Professor Hayek expresses the subtle and sophisticated understanding that the pursuit of social justice inevitably leads to increased inefficiency and poverty. www.LibertyPen.com


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FA Hayek - The Hayek Prophecies Trailer


TheHayekProphecies.com NOBEL LAUREATE FA HAYEK The Hayek Prophecies is a documentary of restored footage of the most influential economists of all time, Nobel Laureate FA Hayek. In 1981 he gave a rare interview that was lost until now. In a never-before-seen interview Dr. Hayek makes startling predictions and gives advice to future generations of how to deal with them.


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The Private Supply of Money | George A. Selgin


The 2009 FA Hayek Memorial Lecture, presented by George A. Selgin. Recorded at the annual Austrian Scholars Conference, Ludwig von Mises Institute, 14 March 2009. Includes an Introduction by Joseph T. Salerno.


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Glenn Beck Presents: FA Hayek's "The Road to Serfdom" (Part 2)


What FA Hayek saw, and what most all his contemporaries missed, was that every step away from the free market and toward government planning represented a compromise of human freedom generally and a step toward a form of dictatorship--and this is true in all times and places. He demonstrated this against every claim that government control was really only a means of increasing social well-being. Hayek said that government planning would make society less liveable, more brutal, more despotic. Socialism in all its forms is contrary to freedom. Nazism, he wrote, is not different in kind from Communism. Further, he showed that the very forms of government that England and America were supposedly fighting abroad were being enacted at home, if under a different guise. Further steps down this road, he said, can only end in the abolition of effective liberty for everyone. Capitalism, he wrote, is the only system of economics compatible with human dignity, prosperity, and liberty. To the extent we move away from that system, we empower the worst people in society to manage what they do not understand.


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Hayek on Milton Friedman and Monetary Policy


Friedrich Hayek discusses Milton Friedman's Monetarism and monetary policy. For more on Hayek's ideas on monetary policy see Choice in Currency: A way to stop inflation (for a concise summary) at www.iea.org.uk or see The Denationalisation of Money for a more a more detailed proposal at www.iea.org.uk This is an excerpt from a longer interview which can be found here www.vimeo.com


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The Life & Thought of Friedrich Hayek


The Intellectual Portrait Series: The Life and Thought of Friedrich A. Hayek (Indianapolis: Liberty Fund, 2003) Books Featured Socialism: An Economic and Sociological Analysis mises.org Monetary Theory and the Trade Cycle aussienomics.com Contra Keynes and Cambridge:essays, correspondence sites.google.com The Road to Serfdom sites.google.com Description: The 20th century witnessed the unparalleled expansion of government power over the lives and livelihoods of individuals. Much of this was the result of two devastating world wars and totalitarian ideologies that directly challenged individual liberty and the free institutions of the open society. Other forms of expansion in the provision of social welfare and the regulation of the economy, while more benign in their objectives, nevertheless posed significant challenges to personal freedom. Few individuals did more to both extend our understanding of the economic processes of the free society and alert us to the dangers inherent in the growth of political power than the Nobel-laureate economist and social theorist, Friedrich A. Hayek. In over half a century of writing and teaching, he showed why National Socialism was the very antithesis of capitalism, why communism was an economic and political philosophy ultimately doomed to failure, and why we must be wary of government intervention if we are to preserve the freedoms that make democracy and prosperity possible. Over the course of his intellectual career, Hayek set out <b>...</b>


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The Extended Order - FA Hayek (Remix)


Sounds better with headphones. Original video: youtu.be


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Ramon Diaz on FA Hayek's Liberalism


Ramon Diaz made his career as a journalist, university professor, and economist. He teaches at the National University in Montevideo, Uruguay and served as the Chairman of the Central Bank of Uruguay from 1990 to 1993. Additionally, Diaz was the president of the Mont Pelerin Society from 1998 to 2000. In this video from an International Society for Individual Liberty event in Costa Rica in 1999, Diaz tells the story of Austrian economist Friedrich Hayek's life, including Hayek's debates with John Maynard Keynes in the 1930s at the London School of Economics and the founding of the Mont Pelerin Society in 1947. Diaz also talks about what he considers to be Hayek's greatest contribution to economics: the principle of spontaneous order. Download the .mp3 version of this lecture here: bit.ly


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Friedrich Hayek and Bob Chitester on American Faddism


In this exclusive Free To Choose Network video from the late 1970s, Bob Chitester asks Friedrich Hayek what he thinks about a then-recent running craze. Hayek goes on to say that Americans constantly change and are unique in the world for their faddism.


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Hayek on The Road to Serfdom


Friedrich Hayek discusses his book the Road to Serfdom. The Road to Serfdom in a condensed form can be found here www.iea.org.uk The preface to the 1976 edition of the RTS is here www.word-gems.com The Counter Revolution Of Science sites.google.com This is an excerpt from a longer interview which can be found here www.vimeo.com


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The Ideas and Impact of FA Hayek


Featuring Bruce J. Caldwell, Author, Hayek's Challenge: An Intellectual Biography of FA Hayek (Chicago, 2003); and Lanny Ebenstein, Author, Hayek's Journey: The Mind of Friedrich Hayek (Palgrave, 2003); with comments by Dick Armey, Former professor of economics, former House majority leader, and cochairman, Citizens for a Sound Economy. "It is hardly an exaggeration to refer to the 20th century as the Hayek century," John Cassidy wrote in the New Yorker. Confirming Hayek's stature, two new books from major publishers explore the development of his thought. Biographer Alan Ebenstein discusses Hayek's Austrian roots and his relationship to such thinkers as Mill, Marx, Keynes, and Popper. Bruce Caldwell, editor of The Collected Works of FA Hayek traces the complex evolution of Hayek's thought—and the evolution of Austrian economics—and places Hayek in a broader intellectual context. His book has been called "the best book in economics of 2003." Please join us for a discussion of one of the most influential thinkers of the 20th century.


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Friedrich Hayek and James Buchanan: Pattern Prediction and Scientism


In this Free To Choose Network archival footage, Friedrich Hayek and James Buchanan discuss one of the most important theoretical problems of economics. Drawing from insights in biology and beyond, both seem to think that current economic theory is rife with problems. Those problems terminate in missing the Austian insight. If they are right, much of today's economics is mere scientism.


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The Road to Serfdom, by FA Hayek :: A Literature Break


Nath Jones reads from a book that offers an alternative to Keynesian economics.


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Fight of the Century: Keynes vs. Hayek Round Two


Go to econstories.tv for EconStories content and materials. Produced by Emergent Order. Visit us at http "Fight of the Century" is the new economics hip-hop music video by John Papola and Russ Roberts at EconStories.tv. According to the National Bureau of Economic Research, the Great Recession ended almost two years ago, in the summer of 2009. Yet we're all uneasy. Job growth has been disappointing. The recovery seems fragile. Where should we head from here? Is that question even meaningful? Can the government steer the economy or have past attempts helped create the mess we're still in? In "Fight of the Century", Keynes and Hayek weigh in on these central questions. Do we need more government spending or less? What's the evidence that government spending promotes prosperity in troubled times? Can war or natural disasters paradoxically be good for an economy in a slump? Should more spending come from the top down or from the bottom up? What are the ultimate sources of prosperity? Keynes and Hayek never agreed on the answers to these questions and they still don't. Let's listen to the greats. See Keynes and Hayek throwing down in "Fight of the Century"! Starring Billy and Adam from http Visit www.econstories.tv for the full lyrics.


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Adam Smith, Ludwig von Mises, Friedrich Hayek, Ayn Rand, Milton Friedman & Capitalism?


Voluntaryist thinkers: www.vforvoluntary.com From: Capitalism In One Lesson youtube.com Image sources at: vforvoluntary.com


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The Road to Serfdom


Illustrated version of FA Hayek's classic The Road to Serfdom. It outlines the way well-meaning socialist thinkers like Barack Obama and Hillary Clinton pave the way to fascism and naziism. Enjoy


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John Stossel, Friedrich Hayek & NewWaveSlave.com


www.NewWaveSlave.com - John Stossel discusses Friedrich Hayek's "The Road to Serfdom" and how we have become enslaved due to increased government, burdensome debt, high taxes, and overbearing legislation. Stossel hits a home run with this one and it aligns perfectly with my concept of "NewWaveSlave". To learn more about NewWaveSlave www.newwaveslave.com


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FA Hayek vs Murray Rothbard


Alex Merced addresses the false dichotomy of some who dismiss Hayek for not being as anti-state as Murray Rothbard. Discuss both economist at www.Hayekforums.com


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Roll With The Flow


More Adventures in Economics! The sequel to "I'm in Love with Friedrich Hayek!" Original song by Dorian Electra Instrumental Track by Will Schorre Directed by Christopher Minor and Neil Lokken Assistant Director: Clara Lee LYRICS Here's a little somethin' bout a girl like me I demand to understand the economy And I gotta couple questions, been sittin' on my mind So let's sit down, take the time, to review line by line CHORUS: How can you roll with the flow you can't foresee? How can you let go control and let it be? How can you roll with the flow you can't foresee? How can you let go control, leave people free? Roll with the flow Each one of us makes choices based on knowledge that's unique Circumstance of time and place, preferences and taste all shape When and where and what we buy and sell from week to week Collectively, these choices make up "the economy" "Economic growth" to me, a mystery "GDP?" "GNP?" It's really killin' me By what means do we measure wealth, a major indicator of economic health? CHORUS Alright, here it goes: Wealth is what is valued and value is subjective What one values depends on one's perspective One man's trash is another man's treasure One man's pain is another man's pleasure One man's work is another man's leisure All things you must remember before you start to measure Can someone please assist me in becoming a good economist? My buddy Bastiat, has given me a key He says the bad economist looks only at the obvious That which can be <b>...</b>


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Glenn Beck Presents: FAHayek's "The Road to Serfdom" (Part 3)


What FA Hayek saw, and what most all his contemporaries missed, was that every step away from the free market and toward government planning represented a compromise of human freedom generally and a step toward a form of dictatorship--and this is true in all times and places. He demonstrated this against every claim that government control was really only a means of increasing social well-being. Hayek said that government planning would make society less liveable, more brutal, more despotic. Socialism in all its forms is contrary to freedom. Nazism, he wrote, is not different in kind from Communism. Further, he showed that the very forms of government that England and America were supposedly fighting abroad were being enacted at home, if under a different guise. Further steps down this road, he said, can only end in the abolition of effective liberty for everyone. Capitalism, he wrote, is the only system of economics compatible with human dignity, prosperity, and liberty. To the extent we move away from that system, we empower the worst people in society to manage what they do not understand.


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Hayek and Rosten: Democracy, Special Interests, and Dictatorships


Friedrich Hayek and Leo Rosten discuss democracy in this Free To Choose Network archival clip filmed in 1978. The full discussion is available here: www.freetochoose.net/store


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FA Hayek - The Inevitability of Planning. Explained by Jorge A. Osuna


I am sorry if my English is not great, it is my second language.


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An Animated Tribute to Hayek


Friedrich Hayek remains one of the most influential economists and philosophers of our time. His opinions on individual liberty, free markets, and centralized planning have not only influenced millions during his lifetime, but have helped to inspire a new, rising generation of leaders. FA Hayek is more relevant now than ever before! If you aren't familiar with FA Hayek, you should begin by reading "The Road to Serfdom," a critique of socialism and centralized planning in general.


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Pattern Coordination and the Theory of Interest | Robert P. Murphy


Robert P. Murphy presents the FA Hayek Memorial Lecture at the 2010 Austrian Scholars Conference. Includes an introduction by Joseph T. Salerno. The ASC is the international, interdisciplinary meeting of the Austrian School, and is for scholars interested or working in this intellectual tradition. Held at the Mises Institute, Auburn, Alabama, March 11-13, 2010.


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Regis Servant on the Cultural Evolution in the work of FA Hayek


Regis Servant, University Paris I Pantheon-Sorbonne, presents What is Cultural Evolution in the Work of FA Hayek? at the Summer Institute for the History of Economic Thought at the Jepson School of Leadership Studies. June 26, 2011


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50 Major Economists #30 - FA Hayek


Alex Merced will be doing videos on each of the 50 economist discussed in Steve Pressmans 50 major economist. Buy the book here: amzn.to DONATE TO ALEX HERE - bit.ly Alexs Amazon Bookstore - astore.amazon.com Please Help Support the efforts of Alex Merced and AlexMerced.com and purchase from these affiliates: PUMA - Buy Shoes!!! (I do love Pumas) bit.ly


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Friedrich Hayek - The Levin Interviews


31st May 1980 at the University of Freiburg, Germany


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Richard Epstein, George Soros, and Bruce Caldwell Discuss Hayek's Constitution of Liberty


The Constitution of Liberty The Definitive Edition by FA Hayek edited by Ronald Hamowy (University of Chicago Press, 2011) FEATURING Bruce Caldwell Editor, The Collected Works of FA Hayek Richard Epstein Laurence A. Tisch Professor of Law, New York University Law School George Soros Founder and Chairman, Open Society Foundations MODERATED BY Ronald Hamowy Fellow in Social Thought, Cato Institute April 28, 2011


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Hayek's Gift


Go to econstories.tv for EconStories content and materials. Produced by Emergent Order. Visit us at http In this new EconStories video short, Keynes and Hayek catch up over a nice meal and a little champagne for some gift-giving holiday cheer. Visit store.econstories.tv to give a friend (or yourself) a gift like this one! ----- Starring Billy and Adam. See more at http


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Hayek vs. Keynes Sequel Sneak Peek at The Economist Buttonwood Gathering


On October 25th, an audience of financial managers and CEOs, politicians, central bankers and nobel prize winning economists at The Economist Magazine's Buttonwood Gathering were treated to an unusual experience: a live rap battle between John Maynard Keynes and FA Hayek. Following a presentation by Nassim Taleb, the lights went down in the auditorium and Fear the Boom and Bust blasted onto the screen. This video picks up at the end of that special presentation, where Keynes and Hayek stepped onto the stage to give a preview of the next EconStories music video. In the final new video, which will be completed in the months ahead, expect many more lyrics and an all new beat. Lastly, Russ Roberts and John Papola took the stage with John Micklethwait, editor-in-chief of The Economist for a brief Q&A about the origins of FTBB and the resurgence of Hayek in the global debate over the economy. The complete set of presentations are available at buttonwood.economist.com


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Bork and Hayek on so-called "Intellectuals"


A conversation between distinguished legal scholar Robert Bork and Nobel Prize winning economist Dr. FA Hayek. Entire interviews are now available here: hayek.ufm.edu Excerpt from von Hayek, Friedrich & Robert Bork www.freetochoose.net


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Hayek and Buchanan: Rawls, Egalitarianism and Social Justice


In this archival footage from Free To Choose Network, James Buchanan and Friedrich Hayek discuss the meaning of the term "social justice". Hayek concludes that John Rawls erred in his distributive scheme and that the term social justice has no meaning.


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Hayek and Hazlett: Rule of Law or Emergence by Anarchy?


In this archival Free To Choose Network footage, Friedrich Hayek and Thomas Hazlett discuss anarchy and the rule of law, Hazlett poses a question that teases out the tension between advocates of a minimal state and anarcho-capitalists... Hayek's answer gets to the core of this ongoing debate.


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