[i]Friedrich von Hayek, who was, along with von Mises, one of the patron saints of modern libertarianism, was as infatuated with the Chilean dictator Gen. Augusto Pinochet as von Mises was with Mussolini
The dread of democracy by libertarians and classical liberals is justified. Libertarianism really is incompatible with democracy. Most libertarians have made it clear which of the two they prefer. The only question that remains to be settled is why anyone should pay attention to libertarians.[/i]
Is this true, fellow libertarians? Did you masters really prefer dictatorship and/or fascism over democracy?
Is that what you prefer?
Hayek was no libertarian.
"My thesis is that Hayek’s greater prominence has little if anything to do with his economics. There is little difference in Mises’s and Hayek’s economics. Indeed, most economic ideas associated with Hayek were originated by Mises, and this fact alone would make Mises rank far above Hayek as an economist. But most of today’s professed Hayekians are not trained economists. Few have actually read the books that are responsible for Hayek’s initial fame as an economist, i.e., his Monetary Theory and the Trade Cycle and his Prices and Production. And I venture the guess that there exist no more than 10 people alive today who have studied, from cover to cover, his Pure Theory of Capital.
Rather, what explains Hayek’s greater prominence is Hayek’s work, mostly in the second half of his professional life, in the field of political philosophy â?? and here, in this field, the difference between Hayek and Mises is striking indeed.
My thesis is essentially the same one also advanced by my friend Ralph Raico: Hayek is not a classical liberal at all, or a “Radikalliberaler” as the NZZ, as usual clueless, has just recently referred to him. Hayek is actually a moderate social democrat, and since we live in the age of social democracy, this makes him a “respectable” and “responsible” scholar. Hayek, as you may recall, dedicated his Road to Serfdom to “the socialists in all parties.” And the socialists in all parties now pay him back in using Hayek to present themselves as “liberals.”"