Financial crisis shows why we should admire Freidrich Hayek :: Philip Booth
Some people have suggested that the current crisis suggests that "free" markets are dead. Given the high degree of regulatory scrutiny in the financial sector that is not a point of view I hold. However, the neo-classical case for the market economy has certainly become strained, though the Austrian or Hayekian case has been strengthened.
Financial crisis shows why we should admire Freidrich Hayek :: Philip Booth
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