Difference between revisions of "Friedrich von Hayek"
From Critiques Of Libertarianism
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{{DES | des = Nobel prizewinning (economics) student of [[Ludwig von Mises]], and a major propagandist for libertarianism. | show=}} | {{DES | des = Nobel prizewinning (economics) student of [[Ludwig von Mises]], and a major propagandist for libertarianism. | show=}} | ||
| − | Friedrich von Hayek created a large and self-contradictory volume of writings over a long lifetime in several fields. Widely regarded as brilliant, nevertheless some of them were dreadfully wrong. For example, [[The Road To Serfdom]], was as badly wrong as "Dow 36,000". | + | Friedrich von Hayek created a large and self-contradictory volume of writings over a long lifetime in several fields. Widely regarded as brilliant, nevertheless some of them were dreadfully wrong. For example, [[The Road To Serfdom]], was as badly wrong as "Dow 36,000". His Business Cycle Theory is considered outright wrong, except by zealots. |
Interpreting Hayek's work is comparable to interpreting the Bible: no interpreter can fully reconcile everything without resorting to the most ludicrous apologetics. Like the Bible, support for almost any position can be found. For example, Hayek included quite a number of non-libertarian statements and support for social welfare. Cynics would think those were made to mollify liberals, provide plausible deniability, or provide breathing room for the requirements of propaganda. And they come embedded in enough unclear verbiage that any particular implementation of them could be criticized for not meeting Hayek's requirements. | Interpreting Hayek's work is comparable to interpreting the Bible: no interpreter can fully reconcile everything without resorting to the most ludicrous apologetics. Like the Bible, support for almost any position can be found. For example, Hayek included quite a number of non-libertarian statements and support for social welfare. Cynics would think those were made to mollify liberals, provide plausible deniability, or provide breathing room for the requirements of propaganda. And they come embedded in enough unclear verbiage that any particular implementation of them could be criticized for not meeting Hayek's requirements. | ||
