Then we move on, and we require [Austrian economists Ludwig] von Mises and [Friedrich von] Hayek as well.
While Hayek, by contrast, is more slippery and much less helpful when it comes to determining what government should actually do.
Both Hayek and Keynes lived through periods of war and social unrest.
Thank God, then, for Friedrich Hayek, whose ideas animate the Tea Party—whether all of its members know it or not.
After all, understanding what Hayek stands for is hard; understanding what the Republican Party stands for is easy.
But readers should be wary of drawing too many political conclusions based on associations with either Hayek or Keynes.
Yet in 2010 liquidationist arguments no different from those of Schumpeter (or Hayek) suddenly regained prominence.
For Hayek, the schemes of fallible human beings are more likely to end in disaster than to solve any problems.