Tuesday, April 14, 2009

I needed to put this somewhere

where I could get to it later. (Via Don Boudreaux)

F.A. Hayek Interviewed By John O'Sullivan from FEE on Vimeo.

UPDATE: Arnold Kling says:
Very rewarding to listen. For example, a bit over an hour into it, he makes the point that unions that force up wages in one industry will divert capital into that industry, taking it away from workers in other industries. Earlier, his thoughts on the three sources of social norms--instinct, tradition, and intellectual theory--are well articulated, also.

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