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Spring 2017

ISSN 0890-913X

Volume 32, Number 1

Categories: Spring 2017 | Capitalism | Hayek, F. A - Criticism and interpretation

Hayek in His Own Words

Jerry L. Jordan, Pacific Academy for Advanced Studies

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HayekinHisOwnWordsTheJournalofPrivateEnterprise32(1),2017,1–9JerryL.JordanPacificAcademyforAdvancedStudies__________________________________________________________AbstractThispaperdiscussesF.A.Hayek’sviewsofhisownwork,asexpressedinsixteenhoursofinterviewsfrom1978.Itcovershisthoughtsonwriting“TheUsesofKnowledgeinSociety”andhisdiscoveryoftheutilizationofdispersedknowledge;thefunctioningofourcapitalistsystem;thedifferingreactionsoftheAmericansandtheBritishtoTheRoadtoSerfdomandthebook’sintendedaudience;whyhefeltoptimisticinthelate1970sdespitealltheproblemsofthetime;andmore.__________________________________________________________JELCodes:B2,B3,B25Keywords:F.A.Hayek,TheRoadtoSerfdom,dispersedknowledge,capitalism,socialismI.IntroductionOntheoccasionoftheseventiethanniversaryofTheRoadtoSerfdom’spublication,itoccurredtomethatitwasalsothefortiethanniversaryoftheawardingoftheNobelPrizeineconomicstoFriedrichHayek.Mycuriosityaboutwhatsomeinterpretasthepessimisticmessageinthe1944bookandHayek’slaterqualifiedoptimismthattheideasoflibertyandfreepeople’swillnotonlyendure,butthrive,ledmetoexploretheoriginsoftheideasinHayek’sNobelPrizelecture,“ThePretenseofKnowledge.”WhiletheideascontainedinHayek’smanypublicationsarefamiliar,mynewinterestwasinexploringwhatHayekhimselfhadtosayaboutwhathehadwritten,includingsomethingsthatsurprisedhim—especiallyaboutTheRoadtoSerfdom.MysourceofHayekinhisownwordsissixteenhoursofvideotapesofvariousscholarsinterviewingHayekin1978,fouryearsafterhewasawardedtheNobelPrize.Thesevideotapedconversationshavebeendigitizedandindexed,andtheyaremadeavailabletotheworldattheHayekInterviewswebpageoftheUniversidadFranciscoMarroquíninGuatemala.Throughouthislongandprolificlife,Hayekemphasizedthescientificversuswhathecalled“scientism.”Asayoungmanin

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Title	Hayek in His Own Words
Authors/Creators:	Jerry L. Jordan, Pacific Academy for Advanced Studies
Year:	2017
Volume:	32
Number:	1
Pages:	1 - 9
Publisher:	The Association of Private Enterprise Education
ISSN:	0890-913X
Document Type:	Articles
Keywords:	F. A. Hayek, The Road to Serfdom, dispersed knowledge, capitalism, socialism

Citation:
Jordan, Jerry L. / 2017. "Hayek in His Own Words." The Journal of Private Enterprise, 32(1): 1-9.