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The Geneva connection, a liberal world order, and the Austrian economists

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  • Richard M. Ebeling

    (The Citadel: Military College of South Carolina)

Abstract

Quinn Slobodian’s Globalists: The End of Empire and the Birth of Neoliberalism (2018), attempts to draw a picture of the interwar and postwar periods of the 20th century that sees neoliberalism as a political and economic idea meant to preserve the power of private “capital” over democratic “labor” for the exploitation of the latter by the former. In doing so, he sees a group of economists associated with the Graduate Institute of International Studies in Geneva, Switzerland as central players in designing a new order for capitalist oppression. This article challenges both the facts and the interpretation offered by Dr. Slobodian, by analyzing the purpose behind and the scholars associated with the Graduate Institute in, especially, the 1930s, with particular attention to his criticisms of the Austrian economists, Ludwig von Mises and F.A. Hayek. It is shown that his story is far more fiction than fact.

Suggested Citation

  • Richard M. Ebeling, 2020. "The Geneva connection, a liberal world order, and the Austrian economists," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 33(4), pages 535-554, December.
    • Handle: RePEc:kap:revaec:v:33:y:2020:i:4:d:10.1007_s11138-019-00450-3
    DOI: 10.1007/s11138-019-00450-3
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    References listed on IDEAS

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    4. Bruce Caldwell, 1997. "Hayek and Socialism," Journal of Economic Literature, American Economic Association, vol. 35(4), pages 1856-1890, December.
    5. Hayek, F. A., 1997. "Socialism and War," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226320588 edited by Caldwell, Bruce, June.
    6. Lord Robbins, 1971. "Autobiography of an Economist," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-01164-3, October.
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