Attention Economy


Friday, April 7, 2023

Hayek - A Political Thinker

How Friedrich Hayek became the godfather of neoliberalism by Jan-Werner Müller
https://www.newstatesman.com/ideas/2023/04/super-spreader-friedrich-hayek-neoliberalism
Hayek’s impressions of the US make one read his dedication of Constitution of Liberty to the “unknown civilisation that is growing in America” in a new light. The Viennese visitor felt that his belief in “the vast intellectual superiority of the Europeans” had been confirmed; he complained to Mises about the “tastelessness and banality” of American life and, in a heroic act of old-world resistance, grew a moustache to “protest against American civilisation” (or lack thereof, considering the real meaning of the dedication). Hayek concluded that “America is a country to earn one’s money but not to live” (a comment that proved oddly prescient about Hayek’s later decision to maximise his salary at the University of Chicago to financially support the family he had abandoned in Europe).

Friedrich Hayek: a great political thinker rather than a great economist
https://www.spectator.co.uk/article/friedrich-hayek-a-great-political-thinker-rather-than-a-great-economist/