Despite general agreement on the academic theory behind economics, the implementation of those findings into society usually leads to disagreement. There are simply too many variables within a society to achieve a consensus. So with the unpredictable nature of individuals, how can economists even begin to predict the results of their theories?
This 1978 conversation between legendary economist Friedrich Hayek and former economics writer Elaine Carver Leijonhufvud includes an intimate look into the life of Hayek...
Today’s podcast is the 1990s discussion segment from “Created Equal,” part of an update to volume five of the ten-part public television series Free...
