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The Austrian Shadow and ‘The Slogan of Liberty’

  • Robert Leeson
Chapter
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Part of the Archival Insights into the Evolution of Economics book series (AIEE)

Abstract

The obsequiousness with which ‘von’ Hayek and ‘von’ Mises have been treated—especially in the United States—suggests that something other than scholarly detachment is present. As Hayek was writing The Road to Serfdom, ‘Ritter von’ Kuehnelt-Leddihn published The Menace of the Herd. Austrian School economists and philosophers openly embraced ‘natural aristocracy’ (Rockwell), monarchy, or anything but democracy (Hoppe), a ‘small, self-perpetuating oligarchy of the ablest and most interested’ (Rothbard) and a ‘really limited democracy’—‘dictatorial democracy’ (Hayek). After promoting ‘German and Italian’ ‘Fascists,’ including ‘Ludendorff and Hitler,’ Mises asserted that he had ‘not changed anything in the original text’ of Liberalism in the Classical Tradition and ‘did not influence in any way the translation.’ But his translator, the Mises Institute’s Ralph Raico, revealed that Mises was lying.

Keywords

Hayekian Rothbard Mises Institute Ralph Raico Self-perpetuating Oligarchy 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Authors and Affiliations

  • Robert Leeson
    • 1
  1. 1.Department of EconomicsStanford UniversityStanfordUSA

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