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?”
