Hayek on the School of Salamanca

Tags: History of the Austrian School of Economics

10/28/2009 Mises Wire Mises.org

The basic principles of the theory of the competitive market were worked out by the Spanish scholastics of the 16th century and that economic liberalism was not designed by the Calvinists but by the Spanish Jesuits! —F.A. Hayek, 1979

Letter is here, as sent to us by Jesus Huerta de Soto.

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