Hayek’s Relevance: A Comment on Richard A. Posner’s Hayak, Law, and Cognition
Frankness demands that I open my comment on Richard Posner’s essay on F.A. Hayek by revealing that I blog at Café Hayek and that the wall-hanging displayed most prominently in my office is a photograph of Hayek. I have long considered myself to be not an Austrian economist, not a Chicagoan, not a Public Choicer, not an anything—except a Hayekian. So much of my vision of reality, of economics, and of law is influenced by Hayek’s works that I cannot imagine how I would see the world had I not encountered Hayek as an undergraduate economics student.
I do not always agree with Hayek. I don’t share, for example, his skepticism of flexible exchange rates. But my world view—my weltanschauung—is solidly Hayekian.
