Esta web utiliza cookies propias y de terceros que nos permiten optimizar tu experiencia en el sitio web, evaluar su rendimiento, generar estadísticas de uso y mejorar y añadir nuevas funcionalidades. Mediante el análisis de tus hábitos de navegación podemos mostrar contenidos más relevantes y medir las interacciones con la web.
Puede obtener más información aquí.

Avanzado
Artículos
Portada

HAYEK IBD

ROBERT LEESON
PALGRAVE MACMILLAN
02 / 2020
9783030405205
Inglés

Sinopsis

On 9 August 1974, Richard Nixon resigned to avoid impeachment, on 29 April 1975, the United States scuttled from their Embassy in Saigon - optics that were interpreted as defeats for the âÇÖInternational RightâÇÖ. Yet in 1975, Margaret Thatcher became leader of the Conservative Party, and in 1976 Ronald Reagan almost unseated a sitting Republican Party President.á Pivotal to the âÇÖturn to the RightâÇÖ was Friedrich âÇÖvonâÇÖ HayekâÇÖs 1974 Nobel Prize for Economic Science - awarded for having used Austrian Business Cycle Theory to predict the Great Depression: âÇÖFor him it is not a matter of a simple defence of a liberal system of society as may sometimes appear from the popularized versions of his thinking.âÇÖThe evidence suggests that HayekâÇÖs fraudulent assertion was uncovered at the University of Chicago in the early 1930s - but not reported. The most likely explanation is self-censorship - for reasons of ideological correctness, fund raising and residual deference to the Second Estate. Four indirect tests suggest that âÇÖfreeâÇÖ market economists have - in other instances and presumably for fund-raising motives - suppressed embarrassing âÇÖknowledgeâÇÖ: which suggests that they were perfectly capable of suppressing âÇÖknowledgeâÇÖ about HayekâÇÖs non-prediction of the Great Depression.With respect to the Nobel Prize and thus his ability to reach a wider audience, Hayek was fortune in having two loyal âÇÖintermediariesâÇÖ: Lionel Robbins and Fritz Machlup who were - and probably felt themselves to be - âÇÖsociallyâÇÖ inferior to âÇÖvonâÇÖ Hayek.