Hayek: A Life, 1899–1950
Cato Event Podcast
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Do You Learn About Hayek and Austrian Economic Economics in College Classes?
Bob Lucas, another Nobel Prize winner, in his graduate macro economics course at the University of Chicago announces on the first day, we're not going to do any articles for more than five years. So there's a kind of crazy arrogance about this, we'll just do the last five years of papers. A long time ago Axel Lanhuf, a great economist pointed out in the history of thought that if you reach a dead end you can go back down the tree of knowledge and find where you went wrong. I've heard PhD graduates of the University ofChicago speak of John Maynard Keynes, they don't know how to pronounce Keynes and Hayek they've never heard of.
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