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Friedrich Hayek and his visits to Chile

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  • Bruce Caldwell
  • Leonidas Montes

Abstract

F. A. Hayek took two trips to Chile, the first in 1977, the second in 1981. The visits were controversial. On the first trip he met with General Augusto Pinochet, who had led a coup that overthrew Salvador Allende in 1973. During his 1981 visit, Hayek gave interviews that were published in the Chilean newspaper El Mercurio and in which he discussed authoritarian regimes and the problem of unlimited democracy. After each trip, he complained that the western press had painted an unfair picture of the economic situation under the Pinochet regime. Drawing on archival material, interviews, and past research, we provide a full account of this controversial episode in Hayek’s life. Copyright Springer Science+Business Media New York 2015

Suggested Citation

  • Bruce Caldwell & Leonidas Montes, 2015. "Friedrich Hayek and his visits to Chile," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 28(3), pages 261-309, September.
    • Handle: RePEc:kap:revaec:v:28:y:2015:i:3:p:261-309
    DOI: 10.1007/s11138-014-0290-8
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    References listed on IDEAS

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    1. Hayek, F. A., 2010. "Studies on the Abuse and Decline of Reason," University of Chicago Press Economics Books, University of Chicago Press, number 9780226321127 edited by Caldwell, Bruce, Febrero.
    2. repec:ucp:bkecon:9780226184890 is not listed on IDEAS
    3. Hayek, F. A. & Caldwell, Bruce, 2007. "The Road to Serfdom," University of Chicago Press Economics Books, University of Chicago Press, number 9780226320540 edited by Caldwell, Bruce, Febrero.
    4. Burgin, Angus, 2012. "The Great Persuasion: Reinventing Free Markets since the Depression," Economics Books, Harvard University Press, number 9780674058132, Spring.
    5. Hayek, F. A., 2014. "The Market and Other Orders," University of Chicago Press Economics Books, University of Chicago Press, number 9780226089553 edited by Caldwell, Bruce, December.
    6. Vittorio Corbo, "undated". "Economic Reforms in Chile: An Overview," Documentos de Trabajo 160, Instituto de Economia. Pontificia Universidad Católica de Chile..
    7. repec:ucp:bkecon:9780226264141 is not listed on IDEAS
    8. Andrew Farrant & Edward Mcphail & Sebastian Berger, 2012. "Preventing the “Abuses” of Democracy: Hayek, the “Military Usurper” and Transitional Dictatorship in Chile?," American Journal of Economics and Sociology, Wiley Blackwell, vol. 71(3), pages 513-538, July.
    9. Myrdal Gunnar, 1977. "The Nobel Prize in Economic Science," Challenge, Taylor & Francis Journals, vol. 20(1), pages 50-52, March.
    10. Hayek, F. A., 2012. "Hayek on Hayek," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226321202 edited by Kresge, Stephen & Wenar, Leif, December.
    11. Hayek, F. A., 2010. "Studies on the Abuse and Decline of Reason," University of Chicago Press Economics Books, University of Chicago Press, number 9780226321097 edited by Caldwell, Bruce, December.
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    13. Hayek, F. A., 2011. "The Constitution of Liberty," University of Chicago Press Economics Books, University of Chicago Press, number 9780226315379 edited by Hamowy, Ronald, December.
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    Cited by:

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    2. Andrew Farrant, 2019. "What Should (Knightian) Economists Do? James M. Buchanan's 1980 Visit to Chile," Southern Economic Journal, John Wiley & Sons, vol. 85(3), pages 691-714, January.
    3. Stefan Kolev, 2022. "Anti-democratic revolutionaries or democratic reformers? A review essay of Janek Wasserman’s The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 35(4), pages 531-546, December.
    4. Andrew Farrant & Vlad Tarko, 2019. "James M. Buchanan’s 1981 visit to Chile: Knightian democrat or defender of the ‘Devil’s fix’?," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 32(1), pages 1-20, March.
    5. Jason Oakes, 2016. "Rent-seeking and the tragedy of the commons: two approaches to problems of collective action in biology and economics," Journal of Bioeconomics, Springer, vol. 18(2), pages 137-151, July.
    6. Ekkehard A. Köhler & Daniel Nientiedt, 2023. "Was Walter Eucken a proponent of authoritarian liberalism?," Public Choice, Springer, vol. 195(3), pages 363-376, June.

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