Arkansas connections made Hayek's work widely accessible | Northwest Arkansas Democrat-Gazette

Arkansas connections made Hayek's work widely accessible explains how the Nobel economist Friedrich A. Hayek’s work became broadly available beyond academia, aided by relationships rooted in Arkansas. It notes that Hayek taught in Fayetteville at the University of Arkansas during 1949–50 and later co-won the 1974 Sveriges Riksbank Prize in Economic Sciences. The article also points to his appearance with John Maynard Keynes in the 2002 PBS documentary “Commanding Heights: The Battle for the World Economy.” Central to the story is Walter Scott Morris (1912–1999), a New Jersey native and Wall Street investor who moved to Arkansas and ensured Hayek’s ideas were preserved for future generations. Morris’s role helped enable the University of Chicago Press to publish the multi-volume “Collected Works of F.A. Hayek” after he addressed various project obstacles. The piece adds that Morris encouraged dialogue with Darryl Francis, who led the Federal Reserve Bank of St. Louis from 1966 to 1976, and that interviews and transcripts were shared publicly in 1979. It also cites CPI dropping from 13.5% in 1980 to 3.2% in 1983.