Sunday, January 4, 2015

Friedrich Hayek's interview by James Buchanan

From "The Hayek Interviews", an interview by economist James M. Buchanan: Part I, Part II

On Marxism, a clip from Part II:
Buchanan: How do you explain the revival of Marxist notions in so much of Europe now and to some extent in this country?

Hayek: I don't know ... it's difficult to understand what makes people believe these things ... I can't see that it is intellectually respectable at all.

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