Alan O. Ebenstein

"Hayek’s move from economic theory to political philosophy was a natural evolution in his ideas. First, he considered the influence of prices in production.Then he considered the larger question of the…"

"Indeed, Hayek’s later monetary work constitutes some of his most creative practical policy suggestions, though his thought in the area was, by his own admission, undeveloped."

"The history of the Austrian school remains unfinished, and what happens in the future may influence interpretations of the past as much as what has already occurred. An increasing number of economists…"

"Hayek’s approach was largely Burkean. He saw much good in inherited institutions, and yet, at the same time, he also saw the desirability and necessity of change."

"Hayek was in many respects a philosophical idealist, in that he believed that ideas rule the world. It was the idea of constructivism, he thought, that has such destructive consequences. If he could c…"

"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, governme…"

"Hayek’s essential political philosophy was that liberty is the supremacy of law. To some, this may appear a paradoxical conception of liberty, for liberty is too often considered to be the absence of …"

"During World War II it was exciting and unexpected for Hayek to find someone else, from Vienna, who was interested in many of the same topics that he was. The Open Society and Its Enemies has three ma…"