Amartya Sen on the 60th Anniversary of Hayek's The Road to Serfdom

"An insight into the purpose of prosperity" (Amartya Sen, Financial Times, 20/9/04)

[Hayek] helped to establish a freedom-based approach of evaluation through which economic systems can be judged (no matter what substantive judgments we arrive at).

As someone whose economics (as well as politics) is very different from Hayek's, I would like to ... say how greatly indebted we are to his writings in general and to this book in particular. Dialectics is critically important for the pursuit of understanding, and Hayek made outstanding contributions to the dialectics of contemporary economics.

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