Free Market
Author:
Llewellyn H. Rockwell Jr.
Online Publish Date:
The Free Market 21, no.4 (April 2003) Lecturing at the London School of Economics from 1931 to 1950, F.A. Hayek was nicely positioned to counter the rising influence of J.M. Keynes. Keynes’s new vision of macroeconomics was a resurrection of old fallacies but with a modern twist: an open call for a consolidated state to manage investment. More