Today really is F.A. Hayek’s 110th Birthday. I incorporate by reference my post from three days ago, which I wrote under the mistaken impression that Hayek’s birthday was really May 5. My mistake was soon corrected by other bloggers. Hayek would say that this was a small example of how free markets and civil society make good use of information and effectively correct errors.
In any event, happy 110th birthday to one of the truly great economists and political philosophers of the last century. His most important ideas remain highly relevant today, as does his trenchant critique of conservatism.