The Debate between Keynes and Hayek

The Rational Egoist: Exploring F.A. Hayek with Bruce Caldwell

In this illuminating episode of The Rational Egoist, Michael Liebowitz is joined by Professor Bruce Caldwell, a distinguished Research Professor of Economics at Duke University, whose extensive research has profoundly contributed to the understanding of F.A. Hayek's life, philosophy, and economics. Caldwell, author of "Hayek's Challenge" and general editor of The Collected Works of F.A. Hayek, shares his in-depth knowledge and unique insights into one of the most influential thinkers of the 20th century.

The episode takes listeners on a journey through Hayek's intellectual legacy, beginning with his early life and academic pursuits that set the stage for his Nobel Prize-winning work in economics. Caldwell expertly navigates Hayek's complex theories on spontaneous order, the price mechanism, and the critique of centralized planning, illuminating the profound impact of these ideas on economic policy and political philosophy.

Listeners will also be treated to fascinating discussions on Hayek's contributions to the Mont Pelerin Society, his debates with contemporaries such as John Maynard Keynes, and the relevance of his work in today's global economic and social landscape. Caldwell shares personal anecdotes from his research, offering a glimpse into Hayek's character and the challenges he faced in promoting his ideas.

Throughout the episode, Liebowitz and Caldwell engage in a thought-provoking dialogue that not only honors F.A. Hayek's legacy but also prompts listeners to consider the application of his theories in the modern world.

This episode is a must-listen for anyone interested in the history of economic thought, the principles of a free society, or the enduring questions of liberty and government intervention.

Join The Rational Egoist for an engaging exploration of F.A. Hayek's life and work with Bruce Caldwell, and discover why Hayek's ideas continue to inspire and challenge us to think deeper about the foundations of a free and prosperous society.

Michael Leibowitz, host of The Rational Egoist podcast, is a philosopher and political activist who draws inspiration from Ayn Rand’s philosophy, advocating for reason, rational self-interest, and individualism. His journey from a 25-year prison sentence to a prominent voice in the libertarian and Objectivist communities highlights the transformative impact of embracing these principles.

Leibowitz actively participates in political debates and produces content aimed at promoting individual rights and freedoms. He is the co-author of “Down the Rabbit Hole: How the Culture of Correction Encourages Crime” and “View from a Cage: From Convict to Crusader for Liberty,” which explore societal issues and his personal evolution through Rand’s teachings.Explore his work and journey further through his books:“Down the Rabbit Hole”: https://www.amazon.com.au/Down-Rabbit-Hole-Corrections-Encourages/dp/197448064X“View from a Cage”: https://books2read.com/u/4jN6xj