F.A. Hayek
Hayek was an Austrian-British economist and philosopher who is best known for his defense of classical liberalism and free-market capitalism.
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Feb 16, 2024 • 47min
Ep. 2452 Hayek's Nobel Prize, 50 Years Later
Mark Skousen joins us to discuss the significance of FA Hayek's Nobel Prize-winning work, including the concept of structure production and the importance of understanding the supply chain and gross output. The limitations of GDP as a measure of the economy are discussed, as well as the advantages of investing in gold and the Austrian theory of the business cycle.
