Here’s C-Span’s quote concerning this fascinating 1 hour long video which is well worth watching, particularly in view of the growing popularity and interest in Hayek: “Milton Friedman sat down in 1994 to discuss…”The Road to Serfdom.” Mr. Friedman…describes its effect on the ever-changing political and social climates of the twentieth century. He discusses the book’s influence on the rise of socialism after World War II, the Reagan and Thatcher administrations in the 1980s and the shift in Eastern Europe from communism to capitalism in the 1990s.”

Here’s C-Span’s quote concerning this fascinating 1 hour long video which is well worth watching, particularly in view of the growing popularity and interest in Hayek: “Milton Friedman sat down in 1994 to discuss…”The Road to Serfdom.” Mr. Friedman…describes its effect on the ever-changing political and social climates of the twentieth century. He discusses the book’s influence on the rise of socialism after World War II, the Reagan and Thatcher administrations in the 1980s and the shift in Eastern Europe from communism to capitalism in the 1990s.”

This video by John Stossel from 2008 provides an excellent explanation of Hayek’s concept of “spontaneous order”… (Hat tip to Alex Tabarrok):

An interesting debate occurred yesterday at the American Enterprise Institute (AEI) featuring congressman Paul Ryan and New York Times columnist David Brooks.  Prior to viewing this video, I highly recommend reading the Ryan-Arthur Brooks (no relation to David Brooks) 9/13/2010 Wall Street Journal essay entitled “The Size of Government and the Choice This Fall”, and David Brooks’ response to the Ryan/Arthur Brooks essay entitled “The Day After Tomorrow”, as these essays provide context for the debate.