Peter Klein

In a lively discussion, Peter Klein, a Senior Fellow at the Mises Institute and expert in Austrian economics, shares insights from 'Hayek for the 21st Century.' He dives into Hayek’s critiques of central planning and emphasizes the importance of tacit knowledge in market dynamics. Klein warns about the dangers of political power overriding individual liberty. The conversation also touches on how monetary freedom could be a solution to inflation and the potential for competitive currencies to foster innovation in today’s economy.