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Become by the chairman of the council of economic experts at John F.Kennedy, Two years has added later that "positive use
Me> measures of a fiscal and monetary policy are not in harmony, strictly speaking, with
Orthodox policy of open markets who was chosen by the present
Administration of Federal German republic ". Philosophy of Economics, pp. 155 - 175., in Seymour E. Harris, the German Social
Market Economy ", Mass.: Harvard University Press,
American Economic Review, vol. 40, "The Role of Fiscal-Monetary Policy in German Economic Recovery", John Kenneth Galbraith, 1948); Walter
Heller, "Walter Eucken, pp. 531 - 547. These, in his The Politics, Foreign Economic Policy for
the United States (Cambridge, op. cit., May 1950, "The German Economy", a number of the similar
The facts it is possible to find at T.W. Hutchinson and ed. Hayek results memoirs of Erharda: it itself with
Triumph told to me, as on that Sunday when should be
The well-known decree about clearing of the prices and introduction of the new German is published
Marks, the commander of the American armies in Germany general Klej has called it
By phone also has told: "Professor Erhard, my advisers assert that you
Do a grandiose error ", - on what, by its own words, Erhard
Has answered: "I tell precisely same".it The Wall
Street Journal, the Present intellectual climate
It is not that at all. See Amity Shales, p. A18., April 13, "Germany needs Another Erhard", 1991
For counteraction to all to it Hayek has collected on the first meeting in Mont Perelin
Remarkable group of liberals, mostly the people working in isolation.
The group included is international known scientists in the field of an economic theory,
Political science, philosophies (four from the economists participating in this first
To meeting, later have been awarded the Nobel Prize); two from participants -
Walter Ejken and Wilhelm it - were one of main architects
Post-war German economic miracle. Hayek's problem was to create
Conditions for prosperity of liberal tendencies in a science in hope that it
Will involve public opinion. "After all widespread illusion that freedom
Can be granted from above, represents a valid problem,
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