© 2018

Hayek: A Collaborative Biography

Part XIII: 'Fascism' and Liberalism in the (Austrian) Classical Tradition

  • Robert Leeson

Part of the Archival Insights into the Evolution of Economics book series (AIEE)

About this book


Hayek claimed that he always made it his rule ‘not to be concerned with current politics, but to try to operate on public opinion.’ However, evidence suggests that he was a party political operative with ‘free’ market scholarship being the vehicle through which he sought – and achieved – party political influence. The ‘main purpose’ of his Mont Pelerin Society had ‘been wholly achieved’. Mises promoted ‘Fascists’ including Ludendorff and Hitler, and Hayekians promoted the Operation Condor military dictatorships and continue to maintain a ‘united front’ with ‘neo-Nazis.’ Hayek, who supported Pinochet’s torture-based regime and played a promotional role in ‘Dirty War’ Argentina, is presented as a saintly figure. 
These chapters place ‘free’ market promotion in the context of the post-1965 neo-Fascist ‘Strategy of Tension’, and examine Hayek’s role in the promotion of deflation that facilitated Hitler’s rise to power; his proposal to relocate Gibraltarians across the frontier into ‘Fascist’ Spain; the Austrian revival of the 1970s; the role of (what was presented as) ‘neutral academic data’ on behalf of the ‘International Right’ and their efforts to promote Franz Josef Strauss and Ronald Reagan and defend apartheid and the Shah of Iran


Hayek Austrian School of Economics Liberalism German Historical School of Economics The Braun Commission the Gibraltar Economy 1944 Italian Neo-Fascism Free market Pinochet Regime

Editors and affiliations

  • Robert Leeson
    • 1
  1. 1.Stanford UniversityStanfordUSA

About the editors

Robert Leeson has been Visiting Professor of Economics at Stanford University, USA since 2005, National Fellow and Visiting Scholar at the Hoover Institution since 1995 and Adjunct Professor at Notre Dame Australia University since 2008. He has published numerous articles in journals including The Economic Journal and Economics and History of Political Economy. In addition to writing and editing twenty books, he is the co-editor (with Charles Palm) of The Collected Writings of Milton Friedman. He has held further visiting positions at Cambridge University, the University of California, Berkeley, the University of California, Santa Cruz, Santa Clara University and the University of Western Ontario.

Bibliographic information

  • Book Title Hayek: A Collaborative Biography
  • Book Subtitle Part XIII: 'Fascism' and Liberalism in the (Austrian) Classical Tradition
  • Editors Robert Leeson
  • Series Title Archival Insights into the Evolution of Economics
  • Series Abbreviated Title Archival Insights into the Evolution of Economics
  • DOI
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2018
  • Publisher Name Palgrave Macmillan, Cham
  • eBook Packages Economics and Finance Economics and Finance (R0)
  • Hardcover ISBN 978-3-319-91357-5
  • Softcover ISBN 978-3-030-08235-2
  • eBook ISBN 978-3-319-91358-2
  • Edition Number 1
  • Number of Pages XV, 497
  • Number of Illustrations 0 b/w illustrations, 0 illustrations in colour
  • Topics Economic History
    History of Economic Thought/Methodology
    Economic Policy
    Political Philosophy
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