Off the southwest tip of Iceland, you’ll find what’s often called a “marginal” body of water. This part of the Atlantic, the Irminger Sea, is one of the stormiest places in the northern hemisphere.
In November, 1977, on a still-sticky evening along Louisiana’s Gulf Coast, the Austrian economist and philosopher Friedrich Hayek boarded a flight bound for Chile and settled into his seat in first class. He was headed to the Valparaíso Business School, where he was scheduled to receive an honorary degree.