2min chapter

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The Hayek Puzzle

The LRB Podcast

CHAPTER

Hayek and Milton Friedman, Mises and the Montpereren Society

Mises and Hayek are often yoked together as the Austrian theorists of markets who thought that markets were superior to socialism. But they also had a great deal against each other. Mises, yes, he didn't actually walk out of the founding meeting of the Montpereren Society denouncing Hayek and his friends as socialists. It just goes to her show how what a strange thing economics is.

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