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Hayek's New Popularity

Author

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  • Andrew Farrant
  • Edward McPhail

Abstract

As FOXNews talk show host Glenn Beck and others champion Friedrich von Hayek's The Road to Serfdom, its sales have soared. Hayek warned that even a moderate social safety net would lead to a totalitarian government. It did not happen. But this does not deter his avid supporters. The authors follow up on their article on the subject in the previous issue of Challenge to identify how misplaced the fear invoked by Beck and others is—and how wrong Hayek was.

Suggested Citation

  • Andrew Farrant & Edward McPhail, 2010. "Hayek's New Popularity," Challenge, Taylor & Francis Journals, vol. 53(5), pages 78-91.
    • Handle: RePEc:mes:challe:v:53:y:2010:i:5:p:78-91
    DOI: 10.2753/0577-5132530506
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    References listed on IDEAS

    as
    1. Farrant, Andrew & McPhail, Edward, 2009. "Hayek, Samuelson, and the logic of the mixed economy?," Journal of Economic Behavior & Organization, Elsevier, vol. 69(1), pages 5-16, January.
    2. Hayek, F. A. & Caldwell, Bruce, 2007. "The Road to Serfdom," University of Chicago Press Economics Books, University of Chicago Press, number 9780226320557 edited by Caldwell, Bruce, December.
    3. Samuelson, Paul A., 2009. "A few remembrances of Friedrich von Hayek (1899-1992)," Journal of Economic Behavior & Organization, Elsevier, vol. 69(1), pages 1-4, January.
    4. Andrew Farrant & Edward McPhail, 2010. "No good deed goes unpunished? Revisiting the Hayek-Samuelson exchange over Hayek's alleged 'inevitability' thesis," History of Economic Ideas, Fabrizio Serra Editore, Pisa - Roma, vol. 18(3), pages 87-104.
    5. Bruce Caldwell, 1997. "Hayek and Socialism," Journal of Economic Literature, American Economic Association, vol. 35(4), pages 1856-1890, December.
    Full references (including those not matched with items on IDEAS)

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