rothbard always acknolwedged hayek's importance on capital and trade cycle theory, although he was more skeptical over the knowledge paradigm...
but the reciprocal is not true... i've never seen anywhere in hayek's work quotes from rothbard's work, or any mentions of it (except for the "the case for a 100% gold dollar" at "denationalization of money"'s bibliography - and hayek there was not pro gold)... it is valid for works in economics as well as in political science... i also have never seen any exchange between rothbard and hayek - hayek never answered rothbard's attacks on "the ethics of liberty"...
why? did the volker fund memos get to hayek's hands, creating some bad feelings? any info or guesses?
"any...guesses?"
If he acknowledged Rothbard, he would have had to address his arguments - and he would have lost. So he didn't.
That's my guess.
There was almost a 30 yearr gap between them. Most of what Hayek wrote was before Rothbard's main contributions.
"If he acknowledged Rothbard, he would have had to address his arguments - and he would have lost. So he didn't.
That's my guess."
This kind of Rothbard-fanboyism is absolutely ridiculous.
And my guess was wrong.
"This kind of Rothbard-fanboyism is absolutely ridiculous."
Don't get your nickers in a twist.
Rothbard and Hayek: A Personal Memory - Ronald Hamowy
Hayek was familiar with Rothbards economic work. The references are there to find. In Law Legislation & Liberty he referenced Towards a reconstruction of Utility & Welfare Economics, & Power & Markets. Also I have read some writing by Hayek where he mentions enthusiastically work by Rothbard discovering the early proto-Austrian scholastics.(if my memory is correct)
David Gordon has also written in Friedrich Hayek as a Teacher
“He(Hayek)also, by the way, had a high opinion of Murray Rothbard. When I asked him about America's Great Depression, he said it was an excellent book and gave a convincing interpretation of the Depression. He did not like to speak, though, of a business "cycle," because the term implies that there is a return to the original starting point. This normally does not happen when a depression ends. For the economics of Milton Friedman, he had much less sympathy: he once strongly criticized Friedman's proposal of a negative income tax”
As for Rothbards political & ethical works there is no evidence as far as I know that Hayek even read any.
Right, these men worked decades apart. Hayek had moved on by the time MNR was doing his economic work.
Publisher, Laissez-Faire Books
nice, i guess LL&L is the only of the major ones I haven't read as whole, did not know about those quotes...
anyway, i think hayek was told about the volker memos... he was supposed to have written some rebbutal for rothbard because of "ethics of liberty"... he probably skipped over rothbard's work on politics because of the memos