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Spring 2017
ISSN 0890-913X
Volume 32, Number 1

Hayek in His Own Words

Jerry L. Jordan, Pacific Academy for Advanced Studies
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/index.php?action=ajax&rs=GDMgetPage&rsargs[]=2017 Journal of Private Enterprise vol 32 no 1 Spring parte1.pdf&rsargs[]=0
HayekinHisOwnWordsTheJournalofPrivateEnterprise32(1),2017,19JerryL.JordanPacificAcademyforAdvancedStudies__________________________________________________________AbstractThispaperdiscussesF.A.Hayeksviewsofhisownwork,asexpressedinsixteenhoursofinterviewsfrom1978.ItcovershisthoughtsonwritingTheUsesofKnowledgeinSocietyandhisdiscoveryoftheutilizationofdispersedknowledge;thefunctioningofourcapitalistsystem;thedifferingreactionsoftheAmericansandtheBritishtoTheRoadtoSerfdomandthebooksintendedaudience;whyhefeltoptimisticinthelate1970sdespitealltheproblemsofthetime;andmore.__________________________________________________________JELCodes:B2,B3,B25Keywords:F.A.Hayek,TheRoadtoSerfdom,dispersedknowledge,capitalism,socialismI.IntroductionOntheoccasionoftheseventiethanniversaryofTheRoadtoSerfdomspublication,itoccurredtomethatitwasalsothefortiethanniversaryoftheawardingoftheNobelPrizeineconomicstoFriedrichHayek.Mycuriosityaboutwhatsomeinterpretasthepessimisticmessageinthe1944bookandHayekslaterqualifiedoptimismthattheideasoflibertyandfreepeopleswillnotonlyendure,butthrive,ledmetoexploretheoriginsoftheideasinHayeksNobelPrizelecture,ThePretenseofKnowledge.”WhiletheideascontainedinHayeksmanypublicationsarefamiliar,mynewinterestwasinexploringwhatHayekhimselfhadtosayaboutwhathehadwritten,includingsomethingsthatsurprisedhimespeciallyaboutTheRoadtoSerfdom.MysourceofHayekinhisownwordsissixteenhoursofvideotapesofvariousscholarsinterviewingHayekin1978,fouryearsafterhewasawardedtheNobelPrize.Thesevideotapedconversationshavebeendigitizedandindexed,andtheyaremadeavailabletotheworldattheHayekInterviewswebpageoftheUniversidadFranciscoMarroquíninGuatemala.Throughouthislongandprolificlife,Hayekemphasizedthescientificversuswhathecalledscientism.”Asayoungmanin
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