Biographies

On August 25, 1968.

Like many who came to political consciousness during the second world war, Bernard Fall possessed a sixth sense about political issues.

On February 21, 1967, while on patrol with US Marines north of Hue, in South Vietnam, Bernard Fall, distinguished French-born expert on Vietnam and

Che is dead, and we all mourn him. Why?

There he stood, his tie askew, his balding head disheveled, the ashes from his beloved pipe flying all around, his intelligent and merry eyes twink

Larry was a committed Austrian economist and passionate defender of the liberal economic order. At the time of his passing, he was a leading advocate of free banking and critic of central banking.

As substantial as economist as Schumpeter could claim that interest is a disequilibrium phenomenon and fantasize about a long-run equilibrium where market forces have pushed the interest rate to zero. 

The 2007–2008 financial crisis, accompanying recession, and continuing slow recovery have reinvigorated crude Keynesianism as the foundation of a "somebody in charge" policy to combat recession and high unemployment.

Caldwell sets out to answer the question: what can neoclassical economists of the late twentieth/early twenty-first century, learn from Hayek's writings? His reply constitutes an intellectual tour de force of the neoclassical approach.