Accelerating the Climate of Hate: The Austrian School of Economics, Hayek, and ‘The New Hate’

  • Arthur Goldwag
Chapter
Part of the Archival Insights into the Evolution of Economics book series (AIEE)

Abstract

Arthur Goldwag, the author of The New Hate: A History of Fear and Loathing on the Populist Right, examines the connections between Austrian School economics and the American far right. These mostly run through Ludwig von Mises rather than Hayek (whom paleoconservatives regard as a ‘moderate social democrat’), and were crystalized in the Mises Institute in Auburn, Alabama, which was founded in 1982 by Llewellyn Rockwell, Murray N. Rothbard, Henry Hazlitt, and Ron Paul. Rothbard explicitly rejected what he called the ‘Hayek model’ of trickle-down influence-molding and began a project of ‘Outreach to the Rednecks,’ specifically the white supremacist David Duke. Rothbard’s anti-tax, anti-government, pro-white, pro-police, and ‘America First’ agenda anticipated many of the themes and methods of Donald Trump’s 2016 primary and presidential campaigns.

Bibliography

  1. Ames, M. 2014. As Reason’s Editor Defends Its Racist History, Here’s a Copy of Its Holocaust Denial ‘Special Issue.’ Pando.com 24 July https://pando.com/2014/07/24/as-reasons-editor-defends-its-racist-history-heres-a-copy-of-its-holocaust-denial-special-issue/
  2. Berlet, C. 2003. Into the Mainstream. Southern Poverty Law Centre Intelligence Report 14 August. https://www.splcenter.org/fighting-hate/intelligence-report/2003/mainstream
  3. Davis, D. B. 2014. Slavery, Sex, and Dehumanization. In Campbell, C. and Elbourne, E. (Eds.) Sex, Power, and Slavery: Ohio: Ohio University Press.Google Scholar
  4. Denson, John V. 2006. A Century of War: Lincoln, Wilson & Roosevelt. Auburn: Ludwig Von Mises Institute.Google Scholar
  5. DiLorenzo, T. 2003. The Real Lincoln: A New Look at Abraham Lincoln, His Agenda, and An Unnecessary War. New York: Crown.Google Scholar
  6. Ebenstein, A. 2001. Friedrich Hayek: A Biography. London: St. Martins.Google Scholar
  7. Evans, D. M. W. 2007. I Was on the Global Warming Gravy Train. Mises Institute Website. 28 May. https://mises.org/library/i-was-global-warming-gravy-train
  8. Francis, S. 2002. The Paleo Persuasion. The American Conservative 16 December. http://www.theamericanconservative.com/articles/the-paleo-persuasion/
  9. Glaeser, E. L. 2005. The Political Economy of Hatred. The Quarterly Journal of Economics 131.1, February: 45–86.Google Scholar
  10. Goldwag, A. 2012. The New Hate: A History of Fear and Loathing on the Populist Right. New York: Pantheon.Google Scholar
  11. Hayek, F. A. 1944. The Road to Serfdom. Chicago: University of Chicago Press.Google Scholar
  12. Hayek, F. A. 1960. Constitution of Liberty: Chicago: University of Chicago Press.Google Scholar
  13. Hayek, F. A. 1978. Friedrich Hayek, Interviewed by Robert Chitester Date Unspecified (Centre for Oral History Research, University of California, Los Angeles, http://oralhistory.library.ucla.edu/).
  14. Hayek, F. A. 1973–1979. Law, Legislation and Liberty. Chicago: University of Chicago Press.Google Scholar
  15. Hayek, F. A. 1994. Hayek on Hayek: An Autobiographical Dialogue. London: Routledge. Edited by Stephen Kresge and Leif Wenar.Google Scholar
  16. Hayek, F. A. 2007. The Road to Serfdom: Text and Documents—The Defining Edition. University of Chicago Press. Edited by Bruce Caldwell.Google Scholar
  17. Hofstadter, R. 1964. The Paranoid Style in American Politics. Harpers Magazine, November.Google Scholar
  18. Hoppe, H-H. 2001. Democracy: The God That Failed: The Economics and Politics of Democracy, Monarchy, and the Natural Order. Transaction.Google Scholar
  19. Hoppe, H-H. 2006. Natural Elites, Intellectuals, the State. Mises Institute website 21 July. https://mises.org/library/natural-elites-intellectuals-and-state.
  20. Hoppe, H-H. 2013. Why It’s the Mises Institute. LewRockwell.com 13 October. https://www.lewrockwell.com/2011/10/hans-hermann-hoppe/why-its-the-mises-institute/
  21. Kaczynski, A. 2016. David Duke Urges His Supporters to Volunteer and Vote for Trump. Buzzfeed 25 February. http://www.buzzfeed.com/andrewkaczynski/david-duke-urges-his-supporters-to-volunteer-and-vote-for-tr#.vdr8nwOem
  22. Mises, L. 1985 [1927]. Liberalism: In the Classical Tradition. New York: Foundation for Economic Education.Google Scholar
  23. Nagourney, A. 2000. Reform Bid Said to Be a No-Go for Trump. New York Times 14 February. http://partners.nytimes.com/library/politics/camp/021400wh-ref-trump.html
  24. Reder, M. W. 2000. The Anti-Semitism of Some Eminent Economists. History of Political Economy 32.4, Winter: 833–856.Google Scholar
  25. Rockwell, L. 2013. Why I Am an Anarchocapitalist. Mises Daily 4 December. https://mises.org/library/why-i-am-anarcho-capitalist
  26. Rothbard, M. N. 1968. Confessions of a Right-Wing Liberal. Ramparts 15 June. Archived at Mises Daily https://mises.org/library/confessions-right-wing-liberal
  27. Rothbard, M. N. 1970. Against Women’s Lib. The Individualist Archived at LewRockwell.com https://www.lewrockwell.com/1970/01/murray-n-rothbard/against-womens-lib/
  28. Rothbard, M.N. 1992a. A Strategy for the Right. Rothbard Rockwell Report Archived at LewRockwell.com, https://www.lewrockwell.com/2016/01/murray-n-rothbard/strategy-right/
  29. Rothbard, M.N. 1992b. Right-Wing Populism: A Strategy for the Paleo Movement. Rothbard-Rockwell Report January. http://www.unz.org/Pub/RothbardRockwellReport-1992jan-00005
  30. Rothbard, M. N. 1994a. Race! That Murray Book Rothbard-Rockwell-Report 5.12, December. http://www.unz.org/Pub/RothbardRockwellReport-1994dec-00001
  31. Rothbard, M. N. 1994b. Invade the World. Rothbard-Rockwell Report 5.11, September. http://www.unz.org/Pub/RothbardRockwellReport-1994sep-00001, http://archive.lewrockwell.com/rothbard/ir/Ch75.html.
  32. Rothbard, M. N. 2000. Egalitarianism as a Revolt Against Nature and Other Essays. Auburn: Ludwig Von Mises Institute.Google Scholar
  33. Rothbard, M. N. 2012. Praxeology: The Methodology of Austrian Economics. Mises Daily 4 July. Excerpted from The Foundations of Modern Austrian Economics. New York: New York University Press (1976). https://mises.org/library/praxeology-methodology-austrian-economics
  34. Sanchez, J. and Weigel, D. 2008. Who Wrote Ron Paul’s Newsletters? Reason.com 16 January http://reason.com/archives/2008/01/16/who-wrote-ron-pauls-newsletter
  35. Timothy D. Terrell, T. D. undated. An Ally for Change. Chalcedon.edu. http://chalcedon.edu/research/articles/an-ally-for-change/

Copyright information

© The Author(s) 2017

Authors and Affiliations

  • Arthur Goldwag
    • 1
  1. 1.Department of EconomicsStanford UniversityStanfordUSA

Personalised recommendations