Hayek from his historic 1975 interview on Meet the Press: “We mustn’t assume that all problems are solvable in the short period. There are problems that we cannot solve or which trying to solve them quickly may do more harm than good.... The present tendency would destroy capitalism inevitably. I think the important thing is that people are given a chance to change their minds, before it is irrevocably destroyed.”
Karen Y. Palasek
Dr. Palasek is Assistant Professor of Business at Barton College, and serves as the Director of Educational and Academic Programs at the John Locke Foundation. She received her B.Mus.Ed. from Hartt College of Music at the University of Hartford, an M.A. in Economics from the University of Connecticut, and her Ph.D. in Economics from George Mason University. While completing requirements for the doctoral degree in economics, Karen also served as a legislative assistant for U.S. Rep. Ron Paul.
