Opinion

Hayek in the Basement

By Leonard Lewis '10 | November 2, 2009

Although Friedrich Hayek's "The Use of Knowledge in Society" is a landmark in modern economic literature, a thoughtful reader can apply its thesis to almost any problem of social organization: even the problem of sweet dudes who hang out more than the College administration, or Mirror columnist Matthew Ritger '10, would prefer. Hayek was a seminal figure in what is called "Austrian" economics.