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The Austrian Shadow and ‘The Slogan of Liberty’

  • Robert Leeson
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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.

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

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