One of the most interesting books I’ve read in recent years was Niall Ferguson‘s Civilization: The West and the Rest, an examination of the extraordinary rise of Western Civilization relative to the rest of the world and the causes that seem to be at the root of its apparent decline. Ferguson’s newest book–The Great Degeneration: […]
Review | The Great Degeneration: How Institutions Decay and Economies Die by Niall Ferguson
2013-10-30 · by ·
Review | A Free-Market Monetary System and A Pretense of Knowledge by Friedrich A. Hayak
2012-02-08 · by ·
I recently read the short brochure “A Free-Market Monetary System,” a compilation of Friedrich A. Hayak’s 1974 Nobel Prize speech “A Pretense of Knowledge” and a short essay on proposing a free-market monetary system (hence, the name, see?). Both are short, and neither waste any time proposing radical changes to what was then, and indeed what is […]