F. A. Hayek on Meet the Press, 1975
Hat tip Peter Boettke .
Hayek as a special on Meet the Press in 1975 discussing inflation, employment, stimulus, recessions and economic policy and monetary policy. A Gem. Well worth a listen. Much of the discussion is so very relevant to what we are seeing today. His answers with the benefit of hindsight only serve to make him more correct and more brilliant than he might have seemed live in 1975.
I love the way he takes on questions with no answers and says so. I love the way he warns against the "Fatal Conceit"...17 years before writing it in book form. I also couldn't help but chuckle at a lot of the dumb questions.
A great thanks to the Mises Institute for finding the audio file.