This fellow has it right: “Right wingers love Friedrich Hayek.” I do.
Ronald Reagan and Margaret Thatcher cited his ideas as central to the social revolutions they hoped to spark.
Did not know that but am glad to hear it and am not surprised.
Antigovernment ideologues admire him as one of those few who kept Adam Smith’s fires burning during the dark reign of John Maynard Keynes in the West; his most famous book, The Road to Serfdom, has sold more than 350,000 copies in the United States alone.
I bought it. If that be ideologuism, make the most of it.
And the modern right has enlisted Hayek as a political weapon: Why can’t those loony lefties acknowledge the simple and obvious truths that he understood?
Wait. This too is news to me. Hayek is not quoted much in what I read. As for why loony lefties don’t buy H., it’s because they are stupid, that’s why.
This fellow — Jesse Larner, author of Mount Rushmore: An Icon Reconsidered (Nation Books, 2002) and Forgive Us Our Spins: Michael Moore and the Future of the Left (Wiley and Sons, 2006), writing in Dissent for Winter 2008 — has been reading up on Hayek, he said, “much as, in my twenties, I decided I really ought to read the Bible [because it’s] influential, whether I it or not.”
He has found him “a surprise, in several ways, nowhere near as extreme as his ideological descendants.”
But he makes “a powerful and far-ranging critique of state control of economic life.” What makes for serfdom, in Hayek’s argument.
Keynes called it “a grand book.” Orwell found in it “a great deal of truth . . . collectivism is not inherently democratic, but, on the contrary, gives to a tyrannical minority such powers as the Spanish Inquisitors never dreamt of.”
But in Road, says Larner, Hayek “thoroughly, eloquently, and convincingly demolishes an idea that virtually no one holds nowadays.”
In 1944, however, when it was published? The conventionally wise were horrified at it then and condemned it right and left. In the U.S., nonetheless, it sold immensely well, because it shot down conventional (Keynesian) wisdom.
And today there are governmental meddlers who want so much to run things, thinking they know best, which they do not.
It’s a relatively simple, small, moving book, a sort of catechism or introduction to free-market thinking, based on the revolutionary notion that human nature “is what it is,” to use a catch phrase of our day, meaning you can’t get away from it.
Try reading it here. Or buying it here or here.