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Source link: http://archive.mises.org/8922/kukathas-on-hayek/

Kukathas on Hayek

November 10, 2008 by

An interesting podcast on Hayek and liberalism with Chandran Kukathas, via philosophybites.com. He ends by telling a very charming story on how Hayek said, when he was in his 80s, that he hoped there would not be any Hayekians in the future, since the followers always seem to be much worse than the original: the Marxists were worse than Marx and the Keynesian have been worse than Keynes.

{ 8 comments }

Ryan November 10, 2008 at 9:37 am

“Hayek said, when he was in his 1980s,”

I think you mean eighties, right? That sentence is confusing. Anyway, thanks for the link Jeff. I look forward to listening to the podcast.

Jeffrey Tucker November 10, 2008 at 9:40 am

whoops! fixed.

Arend November 10, 2008 at 10:32 am

More of a bad is indeed worse, while more of a good is obviously better. Hayek was and still is (to some degree) a good for economic science and political philosophy. Hayek comparing himself with Marx and Keynes (in some sense at least) is a bit confused, as Marx and Keynes have been much greater BADS than Hayek was able to have been a good.

Henry Miller November 10, 2008 at 2:29 pm

Arend,

True, but over the years a lot of people have called themselves followers of Jesus while doing evil works. Hayek may have stood for good in his life, but there is no reason to assume his “followers” won’t twist his words and meanings around “But Hayek didn’t have to deal with the evil that is in the world today” to something very much against whay Hayek taught in the first place.

Luke November 10, 2008 at 8:51 pm

I went to a student conference earlier this year in Sydney where Chandran was one of four speakers who spoke about liberalism. His talk was very good and he briefly touched upon some of the ideas in his book, ‘The Liberal Archipelago,’ so thanks for the heads up, Jeff, I’ll d/l this interview now.

Susan Chan November 11, 2008 at 6:45 am

Keynes is said to have walked out of a meeting of economists in Ottawa during World War II saying something like “It seems I was the only non-Keynesian present”. His relations with the “younger Keynesians” during WWII, and related issues as to what kind of Keynesian he actually was, are reflected in Markwell’s 2006 book on Keynes and International Relaitons.

Christopher Lewis November 11, 2008 at 2:16 pm

“Keynes is said to have walked out of a meeting of economists in Ottawa during World War II saying something like “It seems I was the only non-Keynesian present”. His relations with the “younger Keynesians” during WWII, and related issues as to what kind of Keynesian he actually was, are reflected in Markwell’s 2006 book on Keynes and International Relaitons.”

I believe I read somewhere in either Prices and Production… or The Road to Serfdom, a footnote where after reading Hayek’s rebuttal to his work, Keynes responded in a letter to Hayek that he no longer believed what he, himself, had written.

I apologize that I don’t have my copy of those books on me here, but the general gist of that statement, partnered with the statement Susan quotes above is quite scary when taken in consideration with the recent clamoring for Keynesian economics by Krugman and the other stooges of big government.

Susan Chan November 13, 2008 at 2:21 pm

Keynes wrote a nice message to Hayek on “The Road to Serfdom”, and they admired each other, but Keynes didn’t say that he no longer believed what he himself had written.

His comment about being “the only non-Keynesian present” needs to be understood in context. There is no doubt if you read Markwell’s book, which is the most relevant, or any of the biographies of Keynes (Skidelsky, Harrod, Moggridge are the best) that Keynes did believe in fiscal and/or monetary stimulus to get out of recession/depression, and in the need for international economic cooperation. What Krugman has been advocating seems to me very much in line with what Keynes was on about.

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