The Ideas and Impact of F. A. Hayek

Featuring Bruce J. Caldwell, Author, Hayek’s Challenge: An Intellectual Biography of F. A. Hayek (Chicago, 2003); and Lanny Ebenstein, Author, Hayek’s Journey: The Mind of Friedrich Hayek (Palgrave, 2003); with comments by Dick Armey, Former professor of economics, former House majority leader, and co-chairman, Citizens for a Sound Economy. Moderated by Tom Palmer.

“It is hardly an exaggeration to refer to the 20th century as the Hayek century,” John Cassidy wrote in the New Yorker. Confirming Hayek’s stature, two new books from major publishers explore the development of his thought. Biographer Alan Ebenstein discusses Hayek’s Austrian roots and his relationship to such thinkers as Mill, Marx, Keynes, and Popper. Bruce Caldwell, editor of The Collected Works of F. A. Hayek traces the complex evolution of Hayek’s thought—and the evolution of Austrian economics—and places Hayek in a broader intellectual context. His book has been called “the best book in economics of 2003.”