Upload

Loading icon Loading...

This video is unavailable.

Hayek on Socialism

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to like Malthus0's video.

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to dislike Malthus0's video.

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to add Malthus0's video to your playlist.

Uploaded on Aug 21, 2009

Friedrich Hayek talks about socialism.

For all major works on economic calculation see here
https://sites.google.com/site/malthus...

For a deeper understanding of Hayek's argument on socialist calculation and the knowledge problem see Individualism and the Economic Order in PDF at

http://mises.org/book/individualisman...

Also of interest is the book that inspired Hayek arguments: Socialism by Ludwig von Mises in PDF
at

http://mises.org/books/socialism.pdf

Although a shorter introduction to Mises arguement can be found in Economic Calculation in the Socialist Commonwealth

here as PDF

http://mises.org/pdf/econcalc.pdf

here as you tube video

http://www.youtube.com/user/economics...

As a side note; any viewers who have the objection that what Hayek is talking about is not 'socialism' read pages 33, 34 & 35 of the Road to Serfdom for Hayeks clarification of his use of the term.

Click link for audio of those pages -

http://www.youtube.com/watch?v=Gle2qT...

This is an excerpt from a longer interview which can be found here

http://www.vimeo.com/4063439

Loading icon Loading...

Loading icon Loading...

Loading icon Loading...

The interactive transcript could not be loaded.

Loading icon Loading...

Loading icon Loading...

Ratings have been disabled for this video.
Rating is available when the video has been rented.
This feature is not available right now. Please try again later.

Loading icon Loading...

Loading...
Working...
Sign in to add this to Watch Later

Add to