Monday, December 1, 2008
Hayek on Meet the Press in 1975
Jeff Tucker (editor of Mises.org) posted this last week, but I just got around to listening to it today. Here is the mp3 of Hayek on Meet the Press in 1975. It's pretty amazing to hear someone like Hayek being thrust into the media circus, and it's also interesting how "modern" it all sounds. My two favorite parts:
(1) Early on, George Will describes Richard Nixon as a conservative in economic matters. This was in 1975, well after Nixon had run up massive budget deficits, closed the gold window and imposed wage and price controls.
(2) Later on, the woman (I didn't recognize her name) [UPDATE it was Eileen Shanahan of the NYT, thanks to Bob Roddis] asks Hayek something like, "But what do we do about the immediate suffering of the unemployed?" It is hilarious; Hayek says something like "Some things can't be helped" and she just repeats, "But what do we do about the immediate suffering of the unemployed?"
(1) Early on, George Will describes Richard Nixon as a conservative in economic matters. This was in 1975, well after Nixon had run up massive budget deficits, closed the gold window and imposed wage and price controls.
(2) Later on, the woman (I didn't recognize her name) [UPDATE it was Eileen Shanahan of the NYT, thanks to Bob Roddis] asks Hayek something like, "But what do we do about the immediate suffering of the unemployed?" It is hilarious; Hayek says something like "Some things can't be helped" and she just repeats, "But what do we do about the immediate suffering of the unemployed?"
Comments:
The Blackadder Says:
When Hayek is being questioned about whether he *really* thinks that inflation is due to government increasing the money supply, you can hear someone (George Will?) laughing in the background. I think he is laughing at the questions, rather than Hayek's answers. Still, the naivete behind some of the questions was amazing.
When Hayek is being questioned about whether he *really* thinks that inflation is due to government increasing the money supply, you can hear someone (George Will?) laughing in the background. I think he is laughing at the questions, rather than Hayek's answers. Still, the naivete behind some of the questions was amazing.
# posted by 
: December 2, 2008 1:59 PM
: December 2, 2008 1:59 PM
Blackadder,
I believe the laughter is coming from the person doing the taping of the show.
It sounds to me that the tape was made in someone's home, which back in 1975, explains why there isn't any video.
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I believe the laughter is coming from the person doing the taping of the show.
It sounds to me that the tape was made in someone's home, which back in 1975, explains why there isn't any video.
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