Angus Burgin: As Republicans Hail Hayek, Their Plans Advance FriedmanRoundup: Historians' Take
tags: Friedrich Hayek, Milton Friedman, Bloomberg News, Angus Burgin
Angus Burgin is an assistant professor of history at Johns Hopkins University and the author of “The Great Persuasion: Reinventing Free Markets since the Depression.” The opinions expressed are his own.
Friedrich Hayek’s book “The Road to Serfdom” has served as a beacon for American conservatives since its publication in 1944. Today’s Republicans often cite the book in their fight to limit federal power and regulation. Hayek’s views, however, were more complicated than they often assume.
As a shy and scholarly scion of an aristocratic Austrian family, Hayek hadn’t expected to find much of an audience for his wartime tract on political economy. He was shocked when opponents of the New Deal propelled it up the U.S. best-seller lists shortly after its release, and would have been equally astonished at its rise up the Amazon.com sales rankings following an endorsement from the former Fox News host Glenn Beck in 2010.
As he undertook an American lecture tour in 1944, Hayek expressed frustration that many of his most ardent acolytes seemed not to have read the book. Although “The Road to Serfdom” expressed deep anxieties about central planning, it was also explicit about the positive role that government could play. “Probably nothing has done so much harm to the liberal cause,” Hayek wrote, as a “wooden insistence” on “laissez-faire.”...
comments powered by Disqus
- There are certain moments in US history when Confederate monuments go up
- Charlottesville Violence Spurs New Resistance to Confederate Symbols
- Historians Question Trump’s Comments on Confederate Monuments
- Baltimore Removes Confederate Statues in Overnight Operation
- How the Nazi Flags in Charlottesville Look to a German
- Philip Zelikow says the government should crack down on armed groups of militants
- Conservatives complain that a "Pro-gay U.S. embassy features ‘art’ by anti-Trump professor”
- N. D. B. Connolly says Charlottesville showed that liberalism can’t defeat white supremacy
- Historian William I. Hitchcock schools policymakers: Ike never threatened to use nukes in North Korea
- Ibram X. Kendi asks and answers this question: What would Jefferson say about white supremacists descending upon his university?