Stefan Kolev
14 July 2014

Does liberty need a constitution? Or, what might at first glance sound even more paradoxical, does it need a framework of rules for a free society to be established and to flourish? F. A. Hayek...
G. R. Steele
4 March 2013

Keynesian economists have an enduring disposition to spend their way out of trouble. This is so even when overspending has caused the trouble. Gone are the days when expenditure and taxation were...
G. R. Steele
14 January 2013

A review of Keynes Hayek: The Clash That Defined Modern Economics by Nicholas Wapshott. As the Luftwaffe targeted culturally-rich cities in 1942, two economists took their turn in fire-watching...
Philip Booth
31 January 2012

Apparently, the World Economic Forum – a pre-skiing holiday talking shop for many of its attendees - exists as “an independent international organization committed to improving the...
Philip Booth
16 September 2011

Guido Fawkes reported recently that Polly Toynbee told the Edinburgh Book Show that left-wing people were both more intelligent and generally better people than others. Presumably by this...
Terry Arthur
31 August 2011

‘The fundamental principles of mercantilism and neo-mercantilism are: direction of economic life by the authorities; the belief that money is wealth; exports are better than imports (thus...
G. R. Steele
24 August 2011

Lord Robert Skidelsky is unlikely to have understood the anecdote in his opening remarks in the LSE Hayek/Keynes debate. He related that, after addressing an audience of Cambridge economists in...
Jamie Whyte
4 August 2011

Jamie Whyte is the Head of Research and Publications at Oliver Wyman, a strategy consulting firm specialising in the financial services industry. This is his opening statement from the Keynes vs...
Mark Pennington
18 May 2011
1 comment

In this final round of the H versus H contest I want to question the claim that communication in markets is ‘distorted’ by ‘money power’. According to this Habermasian...
Mark Pennington
20 April 2011

In a recent post I pointed out that Habermas’s theory of communicative ethics and deliberative democracy fails to recognise a fundamental point highlighted by Hayek – that much of the...
Mark Pennington
7 April 2011

Jurgen Habermas is one of the most influential political philosophers of the last fifty years. Though he has now, thankfully, abandoned the neo-Marxism of his early career, his theory of ‘...
Richard Wellings
31 January 2011

Radio 4 has produced a documentary on F. A. Hayek and the Austrian school of economics. The programme, Radical Economics: Yo Hayek!, will be broadcast tonight (31st January) at 8:30. It...
Steven D. Ealy
16 September 2010

Friedrich A. Hayek published The Constitution of Liberty in 1960. To mark the occasion of its fiftieth anniversary the IEA is issuing Eugene F. Miller’s Hayek’s The Constitution of...
Daniel Knowles
14 September 2010

Here at the IEA, it is something of a rule that if Hayek endorsed an idea then it probably wasn’t all bad. Bearing that in mind, I’d like to bring up a policy that isn’t often...
Mark Littlewood
6 September 2010

As the silly season comes to an end and the party conferences approach, the coalition government will find it needs to go beyond its deficit-cutting rhetoric to flesh out a wider philosophical basis...
Kristian Niemietz
17 August 2010

If you haven’t read a book that made you laugh out loud on the bus or the Tube in a while, try Christopher Snowdon’s superb release, The Spirit Level Delusion (SLD). But the book...
Eamonn Butler and Philip Booth
22 July 2010

Philip Booth interviews Eamonn Butler, author of Ludwig von Mises – A Primer.    
D. R. Myddelton
30 April 2010

My expectations of politicians, those “insidious and crafty animals”, are low. (Like Hayek, I find that over the course of a long life they have steadily gone down.) But in this general...
Philip Booth
28 April 2010
1 comment

The IEA is delighted that Gary Becker will be giving the Hayek Lecture on June 17th this year. Gary Becker attended Hayek’s evening seminars at the University of Chicago, thus making a nice...
Steven Kates
24 April 2010

There is a video doing the rounds at the moment under the name, the “Keynes-Hayek Rap”, although more formally titled, “Fear the Boom and Bust”. It has had a million hits...