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Opium of the Elite

Jonathan Rée reviews Bruce Caldwell’s and Hansjoerg Klausinger’s Hayek: A Life, 1899-1950. In case there’s a pay gate, here is a pdf. At the page footer Jonathan Rée discuss this piece with Thomas Jones on the LRB Podcast. Austrian Theorybruce caldwellclassical liberalismFriedrich HayekJonathan Rée

Hayek’s Tragic Capitalism

Best known for his anti-socialist polemic The Road to Serfdom (1944), the economist and political philosopher Friedrich A. Hayek is often thought by foe and friend alike to have offered a plain and striking argument for capitalism: the least deviation from laissez-faire is the first falling domino that will inevitably lead to totalitarianism. The foes and…