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Using the State

  • Ola InnsetEmail author
Chapter
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Part of the Springer Studies in the History of Economic Thought book series (SSHET)

Abstract

Innset brings our attention to Hayek’s introductory remarks and the first session of the first Mont Pelerin Society conference. At stake was nothing less than the neoliberal aim of moving beyond laissez-faire, related to the second aspect of the dual argument. Hayek’s critique of laissez-faire was scathing, and he made it clear that liberalism would have to be reinvented in order for a modern society based on market mechanisms to be possible. Walter Eucken and Aaron Director held introductions in which they agreed with Hayek’s main point, but the following discussion concerning the details of state action in the name of market mechanisms derailed, primarily due to the laissez-faireist interventions of Ludwig von Mises.

Keywords

Neoliberalism Laissez-faire State action Reinvention Hayek 

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Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  1. 1.National Library of NorwayOsloNorway

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