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MPHTheProblemWithSocialJustice
Friedrich A. Hayek believed that the concept of social justice had evil effects on society and that it would have to be avoided in order to pursue progress through liberal ideas. In this video it is shown the Guatemalan case of central planning and government control, which proves Hayek’s predictions by the enormous amount of…
Leer másMPHTheEconomicsOfKnowledge
Friedrich A. Hayek became part of the London School of Economics in 1929 and developed a philosophy in freedom, lead by his accurate thought towards the way humans act and express their decisions through markets.
Leer másMPHOriginsInVienna
In the first video of this collection, Friedrich A. Hayek describes his early childhood in Vienna. He comments on pivotal events in his life as well as the social, political, and cultural context in which his views developed.
Leer másMPHGroupTyrannyCanWeEscape
The social phenomena of group tyranny has depleting effects on individual development. Friedrich A. Hayek’s view on this social problem and the solutions through decentralized social cooperation are here discussed.
Leer másThe Process of Tyranny
This video examines Friedrich A. Hayek’s classic The Road to Serfdom, in which he describes the step-by-step process by which central planning leads to disaster. According to Hayek, the loss of liberty is a long process whereby one small intervention leads to another equally small intervention but results in a significant loss of liberty. The…
Leer másThe Complex Voluntary Society
The great social and economic thinker Friedrich A. Hayek was an economist, philosopher, and legal theorist who made significant contributions to numerous areas of social studies. Most importantly, he was an active and effective spokesman for the cause of liberty. Although his ideas were often controversial, they were always expressed in an academically rigorous and…
Leer másThe Economics of Knowledge
Economics is primarily about knowledge. Knowledge of prices, costs, and productive possibilities. According to Friedrich A. Hayek, no one person or institution has this knowledge; it exists in a dispersed form throughout the whole of society. And the point of having a market is to allow this dispersed knowledge to be coordinated. This video examines…
Leer másThe Inequalities of Equalisation
Inequalities are everywhere in society. Friedrich A. Hayek argued that a market system could not operate without some degree of inequality because some people’s earning power is greater than others. He explained that in a truly free market system, competition can gradually reduce inequalities. One of Hayek’s great contributions was to show how a free…
Leer másThe Problem with Social Justice
Friedrich A. Hayek believed the concept of social justice simply reflected what legislators and others believed was the “right” distribution of income. He argued that basic justice means respect for property rights, agreement to honor contracts, and giving each person his or her due. This video examines how central planning policies, large bureaucracies, and taxes…
Leer másGroup Tyranny: Can We Escape?
The social phenomenon known as group tyranny has negative effects on individual development. Friedrich A. Hayek’s thoughts on this social problem and how to solve it through decentralized social cooperation are discussed in this video. Hayek also examines the role of freedom in the extended order, its effects on progress, and the impact of the…
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