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Quarles: Friedrich Hayek and the Price System

From federalreserve.gov

I am delighted to be back in New Haven and particularly to be in the company of so many students interested in thinking rigorously about ideas. And I am honored to be participating in the William F. Buckley, Jr., Program's conference today on Friedrich Hayek and the future of classical liberalism.1 Over the course of this afternoon, you will hear a series of presentations that put Hayek's thinking in the context of contemporary developments and that offer a variety of perspectives on his intellectual legacy. Hayek was a prolific—some might even say profligate—thinker. He was at various times, and in various modes, an ... (full story)

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