Friedrich August von Hayek's memory and the esteem in which his work is held apply more to his political visions than they do to his economic and political analyses. Christopher Holl shows that this assessment does not do justice to Hayek's work. He comes to the conclusion that Hayek's cognitive...

From the perspective of the Austrian economic school, economic policy is presently following the wrong recipes for resolving the financial crisis. In his Hayek-lecture 2012, Thomas Mayer explains how the insights of the Austrian school into the link between the real economy and the financial...