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William Beveridge’s “mock trial of economists”

Author

Listed:
  • David M. Levy

    (George Mason University)

  • Sandra J. Peart

    (University of Richmond)

Abstract

The 1933 Mock Trial of Economists is occasionally noticed and then interpreted as a representation of popular discontent with the economists’ “crime” of “conspiracy to spread mental fog.” William Beveridge’s papers in the London School of Economics archives contain the written record of the performed composition and an unperformed frame for the Trial. Both are reproduced below. The performance singles out J. M. Keynes for his changing points of view. The unperformed frame provides evidence of Beveridge’s defense of diverse viewpoints in light of his worries about totalitarian repression. Long after he had left LSE, F. A. Hayek called attention to Beveridge’s worries about the fate of multiple viewpoints under socialism.

Suggested Citation

  • David M. Levy & Sandra J. Peart, 2021. "William Beveridge’s “mock trial of economists”," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 34(2), pages 221-252, June.
    • Handle: RePEc:kap:revaec:v:34:y:2021:i:2:d:10.1007_s11138-019-00479-4
    DOI: 10.1007/s11138-019-00479-4
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    References listed on IDEAS

    as
    1. David Levy & Sandra Peart, 2006. "The fragility of a discipline when a model has monopoly status," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 19(2), pages 125-136, June.
    2. Levy,David M. & Peart,Sandra J., 2020. "Towards an Economics of Natural Equals," Cambridge Books, Cambridge University Press, number 9781108428972, October.
    3. Levy,David M. & Peart,Sandra J., 2017. "Escape from Democracy," Cambridge Books, Cambridge University Press, number 9781316507131, September.
    4. Hayek, F. A., 2011. "The Constitution of Liberty," University of Chicago Press Economics Books, University of Chicago Press, number 9780226315379 edited by Hamowy, Ronald.
    Full references (including those not matched with items on IDEAS)

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