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What??? I have only been studying this for a short while, but even I know this a gross misrepresentation - any comments? Hayek was associated with the Austrian school, ascendant in the 19th and early 20th centuries, which argued that the private sector should be left free to carry out the task of any...
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Martin Wolf has recently opened an exchange for ideas on The Financial Times' internet portal. His first topic is crucial to the field of Austrian economics, and I encourage you all to make your ideas heard. His first topic is Does Austrian economics understand financial crises better than other...