In our newest video from a 1999 International Society for Individual Liberty event in Costa Rica, Ramon Diaz tells the story of Austrian economist Friedrich Hayek’s life, including Hayek’s debates with John Maynard Keynes in the 1930s at the London School of Economics and the founding of the Mont Pelerin Society in 1947. Diaz also talks about what he considers to be Hayek’s greatest contribution to economics: the principle of spontaneous order.
Ramon Diaz made his career as a journalist, university professor, and economist. He teaches at the National University in Montevideo, Uruguay and served as the Chairman of the Central Bank of Uruguay from 1990 to 1993. Additionally, Diaz was the president of the Mont Pelerin Society from 1998 to 2000.