Category Archives: hayek

An Unintended Consequence I Can Live With

By Charlie Deist | Published: March 21, 2010
As I understand it, the House of Representatives is expected to pass a massive overhaul of the health-care sector today. The bill will expand deficits and increase the government’s role in individual decision-making regarding health-care consumption. Several months ago I posted a quote from an interview with F.A. Hayek which I think best sums up [...]
Also posted in Central Planning, Government Spending, Health Care, Innovation, Philosophy, Psychology & Behavior, Self Interest, Unintended Consequences | Tagged , , , | Leave a comment

My Attempt at a Hayeku

By Charlie Deist | Published: January 28, 2010
It turns out that in addition to being a great rapper, Russ Roberts also has a poetic streak! Here’s my attempt at a Hayeku: Strive not for order Legislation is not law Order emerges
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Keynes vs. Hayek

By Charlie Deist | Published: January 26, 2010
Who offers a more compelling theory of the business cycle? The makers of this video seem to have had an answer to that question in mind. In addition to being catchy, the rap hits on the most important distinctions between the Keynesian and Austrian theories of the business cycle. I especially liked the references to the [...]
Also posted in Banking & Finance, Econ 101 | Tagged , , , | Leave a comment

Another RI Blogroll Blogger Bashes the Axiom

By Charlie Deist | Published: December 27, 2009
I’ve continued to think about Will Wilkinson’s post on the axiom of non-coercion and its inapplicability in reality, and while I recognize the limits of any axiom, I still have a problem with the way that he phrased the post. Wilkinson has a new ally on my blogroll in Robin Hanson, at Overcoming Bias. Frustratingly, Hanson takes [...]
Also posted in Axiom of Non-Coercion, Freedom | Tagged , , , | 1 Comment