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Hayek, Mill and the Liberal Tradition

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Hayek, Mill and the Liberal Tradition A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Farrant, Andrew (Ed.) Book — Published Version Hayek, Mill and the Liberal Tradition Routledge Studies in the History of Economics Provided in Cooperation with: Taylor & Francis Group Suggested Citation: Farrant, Andrew (Ed.) (2010) : Hayek, Mill and the Liberal Tradition, Routledge Studies in the History of Economics, ISBN 978-0-203-83499-2, Routledge, Taylor & Francis Group, London, http://dx.doi.org/10.4324/9780203834992 This Version is available at: http://hdl.handle.net/10419/181971 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence (especially Creative Commons Licences), you genannten Lizenz gewährten Nutzungsrechte. may exercise further usage rights as specified in the indicated licence. https://creativecommons.org/licenses/by-nc-nd/3.0/ www.econstor.eu Hayek, Mill, and the Liberal Tradition This book considers the relationship between Hayek and Mill, taking issue with Hayek’s criticism of Mill and providing a broader perspective on the liberal tra- dition. Featuring contributions from the likes of Ross Emmett, Leon Montes and Robert Garnett, these chapters ask whether Hayek had an accurate reading of the ideas of Mill and Smith, as well as considering themes such as sympathy and analytical egalitarianism that play a large part in the liberal tradition. These chapters argue that addition of these key ideas to the Hayekian corpus leads to a far broader understanding of the liberal tradition than that provided by Hayek. One objective is to provide a discussion of the tensions that seemingly pervade aspects of Hayek’s account of the intellectual history of the liberal tradi- tion. For example, one unfortunate consequence of Hayek’s reading of Smith and Mill is that certain themes – e.g., sympathy and analytical egalitarianism – that played a vitally important role in their thinking are either seriously under- played in Hayek’s account or, rather worse, apparently ignored. Adding these key ideas (e.g., sympathy) to the Hayekian corpus leads to a rather broader understanding and conception of the liberal tradition than that usually associated with Hayekian social theory per se. A broad- based work that is a valuable addition to the literature on Hayek and the liberal tradition more generally, this book will be of great use to anyone who is interested in social theory, intellectual and economic history alike. Andrew Farrant is Assistant Professor of Economics at Dickinson College. Routledge studies in the history of economics 1 Economics as Literature 8 The History of Game Theory, Willie Henderson Vol 1 From the beginnings to 1945 2 Socialism and Marginalism in Robert W. Dimand and Economics 1870–1930 Mary Ann Dimand Edited by Ian Steedman 9 The Economics of 3 Hayek’s Political Economy W. S. Jevons The socio-economics of order Sandra Peart Steve Fleetwood 10 Gandhi’s Economic Thought 4 On the Origins of Classical Ajit K. Dasgupta Economics 11 Equilibrium and Economic Distribution and value from Theory William Petty to Adam Smith Edited by Giovanni Caravale Tony Aspromourgos 12 Austrian Economics in Debate 5 The Economics of Joan Edited by Willem Keizer, Robinson Bert Tieben and Rudy van Zijp Edited by Maria Cristina Marcuzzo, 13 Ancient Economic Thought Luigi Pasinetti and Alesandro Edited by B. B. Price Roncaglia 14 The Political Economy of 6 The Evolutionist Economics Social Credit and Guild of Léon Walras Socialism Albert Jolink Frances Hutchinson and Brian Burkitt 7 Keynes and the ‘Classics’ A study in language, 15 Economic Careers epistemology and mistaken Economics and economists in identities Britain 1930–1970 Michel Verdon Keith Tribe 16 Understanding ‘Classical’ 24 Evolution of Austrian Economics Economics Studies in the long-period theory From Menger to Lachmann Heinz Kurz and Neri Salvadori Sandye Gloria 17 History of Environmental 25 Marx’s Concept of Money: Economic Thought The God of Commodities E. Kula Anitra Nelson 18 Economic Thought in 26 The Economics of James Communist and Post- Steuart Communist Europe Edited by Ramón Tortajada Edited by Hans-Jürgen Wagener 27 The Development of 19 Studies in the History of Economics in Europe since French Political Economy 1945 From Bodin to Walras Edited by A. W. Bob Coats Edited by Gilbert Faccarello 28 The Canon in the History of 20 The Economics of John Rae Economics Edited by O. F. Hamouda, Critical essays C. Lee and D. Mair Edited by Michalis Psalidopoulos 21 Keynes and the Neoclassical Synthesis 29 Money and Growth Einsteinian versus Newtonian Selected papers of macroeconomics Allyn Abbott Young Teodoro Dario Togati Edited by Perry G. Mehrling and Roger J. Sandilands 22 Historical Perspectives on Macroeconomics 30 The Social Economics of Sixty years after the Jean-Baptiste Say ‘General Theory’ Markets and virtue Edited by Philippe Fontaine and Evelyn L. Forget Albert Jolink 31 The Foundations of 23 The Founding of Institutional Laissez-Faire Economics The economics of The leisure class and Pierre de Boisguilbert sovereignty Gilbert Faccarello Edited by Warren J. Samuels 32 John Ruskin’s Political Economy Willie Henderson 33 Contributions to the History 41 Reflections on the Classical of Economic Thought Canon in Economics Essays in honour of Essays in honour of R. D. C. Black Samuel Hollander Edited by Antoin E. Murphy and Edited by Sandra Peart and Renee Prendergast Evelyn Forget 34 Towards an Unknown Marx 42 Piero Sraffa’s Political A commentary on the Economy manuscripts of 1861–63 A centenary estimate Enrique Dussel Edited by Terenzio Cozzi and Roberto Marchionatti 35 Economics and Interdisciplinary Exchange 43 The Contribution of Edited by Guido Erreygers Joseph Schumpeter to Economics 36 Economics as the Art of Economic development and Thought institutional change Essays in memory of G.L.S. Richard Arena and Shackle Cecile Dangel Edited by Stephen F. Frowen and Peter Earl 44 On the Development of Long-run Neo-Classical 37 The Decline of Ricardian Theory Economics Tom Kompas Politics and economics in post-Ricardian theory 45 F. A. Hayek as a Political Susan Pashkoff Economist Economic analysis and values 38 Piero Sraffa Edited by Jack Birner, His life, thought and cultural Pierre Garrouste and heritage Thierry Aimar Alessandro Roncaglia 46 Pareto, Economics and Society 39 Equilibrium and The mechanical analogy Disequilibrium in Economic Michael McLure Theory The Marshall-Walras divide 47 The Cambridge Controversies Michel de Vroey in Capital Theory A study in the logic of theory 40 The German Historical School development The historical and ethical Jack Birner approach to economics Edited by Yuichi Shionoya 48 Economics Broadly 54 Family Fictions and Family Considered Facts Essays in honour of Harriet Martineau, Adolphe Warren J. Samuels Quetelet and the population Edited by Steven G. Medema, question in England 1798–1859 Jeff Biddle and John B. Davis Brian Cooper 49 Physicians and Political 55 Eighteeth-Century Economics Economy Peter Groenewegen Six studies of the work of doctor-economists 56 The Rise of Political Economy Edited by Peter Groenewegen in the Scottish Enlightenment Edited by Tatsuya Sakamoto and 50 The Spread of Political Hideo Tanaka Economy and the Professionalisation of 57 Classics and Moderns in Economists Economics, Volume I Economic societies in Europe, Essays on nineteenth and America and Japan in the twentieth century economic nineteenth century thought Massimo Augello and Peter Groenewegen Marco Guidi 58 Classics and Moderns in 51 Historians of Economics and Economics, Volume II Economic Thought Essays on nineteenth and The construction of disciplinary twentieth century economic memory thought Steven G. Medema and Peter Groenewegen Warren J. Samuels 59 Marshall’s Evolutionary 52 Competing Economic Theories Economics Essays in memory of Tiziano Raffaelli Giovanni Caravale Sergio Nisticò and 60 Money, Time and Rationality Domenico Tosato in Max Weber Austrian connections 53 Economic Thought and Policy Stephen D. Parsons in Less Developed Europe The nineteenth century 61 Classical Macroeconomics Edited by Michalis Some modern variations and Psalidopoulos and distortions Maria-Eugenia Almedia Mata James C. W. Ahiakpor 62 The Historical School of 70 Evolution of the Market Economics in England and Process Japan Austrian and Swedish Tamotsu Nishizawa economics Edited by Michel Bellet, 63 Classical Economics and Sandye Gloria-Palermo and Modern Theory Abdallah Zouache Studies in long-period analysis Heinz D. Kurz and 71 Consumption as an Neri Salvadori Investment The fear of goods from Hesiod 64 A Bibliography of Female to Adam Smith Economic Thought to 1940 Cosimo Perrotta Kirsten K. Madden, Janet A. Sietz and Michele Pujol 72 Jean-Baptiste Say and the Classical Canon in Economics 65 Economics, Economists and The British connection in French Expectations classicism From microfoundations to Samuel Hollander macroeconomics Warren Young, Robert Leeson 73 Knut Wicksell on Poverty and William Darity Jnr. No place is too exalted Knut Wicksell 66 The Political Economy of Public Finance in Britain, 74 Economists in Cambridge 1767–1873 A study through their Takuo Dome correspondence 1907–1946 Edited by M. C. Marcuzzo and 67 Essays in the History of A. Rosselli Economics Warren J. Samuels, 75 The Experiment in the History Willie Henderson, of Economics Kirk D.
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