The question of Hayek’s relationship to the Chicago school of economics raises the anterior question of the Chicago school of economics itself. - Alan O. Ebenstein

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The question of Hayek’s relationship to the Chicago school of economics raises the anterior question of the Chicago school of economics itself.

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About Alan O. Ebenstein

Alan O. (Lanny) Ebenstein (born 28 May 1959) is an American political scientist, and the author of Friedrich Hayek: A Biography, the first English language biography of Hayek, and Hayek’s Journey: The Mind of Friedrich Hayek.

Also Known As

Alternative Names: Alan Oliver
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Additional quotes by Alan O. Ebenstein

Notwithstanding the predominant role in academic economic theory that Keynes and Keynesian economics achieved during the twentieth century, his basic outlook and policy recommendations were shaped by the particular experiences of the British Empire’s waning years.

Expressed egotism is, of course, no reason necessarily to disregard someone’s work, but it is a warning signal. If someone can evaluate his work so poorly, is the work itself likely to be better? In many of his areas of intellectual interest, Popper’s work is wanting.
Hayek did more to advance Popper professionally early in his career than anyone else, and Popper remembered his personal debt to Hayek. Over the years, he wrote him a number of appreciative letters.

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Although Hayek would have protested being characterized as a democratic welfare statist in The Constitution of Liberty, this is what he was. While he favored less government rather than more, government at the local level rather than national level, the provision of social welfare through private charitable organizations rather than government at any level, and the private competitive provision of government services, there was much in his work that any modern, twentieth-century liberal could support.

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