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I think 'denounced' might be a useful change to this title since Hayek made this denouncement in 1944 and died in 1992. He hasn't changed his position. That sa

I think 'denounced' might be a useful change to this title since Hayek made this denouncement in 1944 and died in 1992. He hasn't changed his position. That said, I appreciate the post and agree with Hayek in that patent law and corporate law should be very carefully governed so that advantage isn't given to the wealthy and the connected who can afford political and/or legal advantage (I may be injecting a lot into Hayek's rationale).

jlarocco 14y ago
FWIW, Hayek was a "classical liberal." [1] It's more likely he wanted to get rid of the laws creating patents and corporations, than he wanted them to be highly governed. [1] https://en.wikipedia.org/wiki/Classical_liberalism https://en.wikipedia.org/wiki/Classical_liberalism
- tenpoundhammer 14y ago
  If you read the road to serfdom, you would see he was a very reasonable thinker often making room for necessary intervention. He rarely makes a case for out-rightly abolishing anything. Rather he carefully chooses to say that we must be highly analytical and skeptical of all things the government does. Especially in terms of regulation, taxes, laws, and programs.
  - deleted 14y ago
    [deleted]
  - andrewcooke 14y ago
    btw, if anyone is interested, one of the best books i have ever read is hayek's challenge (a bio) - http://www.press.uchicago.edu/ucp/books/book/chicago/H/bo3624545.html http://www.press.uchicago.edu/ucp/books/book/chicago/H/bo362... i was not (and am not) a fan of his economics (at least as seen in current cartoon-like views looking back), and cannot remember why i started reading the book, but it really is excellent (very well written bio with a fascinating subject). and yes, he was a very smart guy who adapted his views as necessary.
- dllthomas 14y ago
  Um, "the laws should be carefully governed" and "the institutions should be highly governed" aren't the same position; they're more or less orthogonal.

jlarocco 14y ago

FWIW, Hayek was a "classical liberal." [1] It's more likely he wanted to get rid of the laws creating patents and corporations, than he wanted them to be highly governed. [1] https://en.wikipedia.org/wiki/Classical_liberalism https://en.wikipedia.org/wiki/Classical_liberalism

tenpoundhammer 14y ago
If you read the road to serfdom, you would see he was a very reasonable thinker often making room for necessary intervention. He rarely makes a case for out-rightly abolishing anything. Rather he carefully chooses to say that we must be highly analytical and skeptical of all things the government does. Especially in terms of regulation, taxes, laws, and programs.
- deleted 14y ago
  [deleted]
- andrewcooke 14y ago
  btw, if anyone is interested, one of the best books i have ever read is hayek's challenge (a bio) - http://www.press.uchicago.edu/ucp/books/book/chicago/H/bo3624545.html http://www.press.uchicago.edu/ucp/books/book/chicago/H/bo362... i was not (and am not) a fan of his economics (at least as seen in current cartoon-like views looking back), and cannot remember why i started reading the book, but it really is excellent (very well written bio with a fascinating subject). and yes, he was a very smart guy who adapted his views as necessary.
dllthomas 14y ago
Um, "the laws should be carefully governed" and "the institutions should be highly governed" aren't the same position; they're more or less orthogonal.