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Mises Economics Blog

Introducing A Tiger by the Tail

April 20, 2009 9:10 AM by Joseph Salerno (Archive)

It is perhaps the finest introduction to the thought of a major thinker ever published in the discipline of economics. What makes it unique is the fact that it comprises selections and short excerpts from a broad range of Hayek's works written over a span of forty years. Despite its broad coverage, the book is amazingly compact and coherent, seamlessly integrating the main themes from Hayek's writings on money, capital, business cycles, and international monetary systems. FULL ARTICLE

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Comments (5)

  • Brent

    Why isn't there a link to "Full Article"?

    Published: April 20, 2009 9:42 AM

  • Brent

    Thanks!

    Published: April 20, 2009 10:37 AM

  • Bennet Cecil

    The US government has deliberately stolen from savers by degrading our currency for many years. It transfers wealth from the elderly by reducing the purchasing power of their savings. It took 29 years to double the national debt from 1945 to 1974. We are now doubling our debt every 5 to 8 years. The Bush-Obama administrations have hugely expanded federal spending and intervention into the economy.

    When the dollar collapses there will be tremendous economic and social pain. Hopefully, instead of collapse we will "only" experience 1981 interest rates along with high unemployment. Severe stagflation is preferable to total economic collapse.

    Voters can help by selling all US government securities and electing new politicians who will balance the budget. Government can mitigate inflation and strengthen the banks by forcing them to hold dollars and treasury securities. Eliminate fractional reserve banking.

    Published: April 20, 2009 9:51 PM

  • Peter Boettke

    Joe,

    Hayek's Tiger by the Tail, along with Buchanan and Wagner's Democracy in Deficit, pretty much are required reading for understanding the terrible policy path we are currently on. The governmental proclivity under unconstrained democracy is for deficits, debt and debasement.

    I am thrilled you guys have this book available again for readers.

    Congratulations.

    Pete

    Published: April 21, 2009 7:07 AM

  • Bruce Koerber

    Undoing Socialism
    Friday, April 17, 2009

    Got The Keynesian Tiger By The Tail!

    What a great title and what a timely publication! This is especially true since the media has allowed Hayek's contributions to receive praise. (They don't dare open the flood gates by suggesting that Ludwig von Mises was the greatest economist of the twentieth century.)

    As usual we are all greatly indebted to the Mises Institute.

    Now the demolition of Keynes will be complete. It is true that it was an error on Hayek's part not to demolish the 'General Theory' when it came out. But that error has now been corrected!

    Rest in peace, Fredrich von Hayek!

    Published: April 21, 2009 2:31 PM

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