F.A. Hayek

Can We Finally Retire Scientific Superstition?

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What an absolutely astounding admission former Fed boss Alan Greenspan makes about his new book The Map and The Territory: “Not a single major forecaster of note or institution caught it [the 2008 crash]. The Federal Reserve has got

Present at the Creation: The Free Market Counterrevolution

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The Great Persuasion

Mark Blaug’s Economic Theory in Retrospect argues that the Keynesian revolution in economics after the publication of The General Theory was a unique event in economic history because of its rapid and almost complete conversion of the economics profession to

Reappraising Herbert Hoover

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Editor’s note: Stephen Schuker, a first-time contributor to Law and Liberty, assesses in this post the lengthy volume Freedom Betrayed: Herbert Hoover’s Secret History of the Second World War. Published in 2011, the book contains  Herbert Hoover’s arguments