Hostname: page-component-cd9895bd7-dzt6s Total loading time: 0 Render date: 2024-12-28T07:23:15.116Z Has data issue: false hasContentIssue false

HAYEK’S UNACKNOWLEDGED DISCIPLE: AN EXPLORATION OF THE POLITICAL AND INTELLECTUAL RELATIONSHIP OF F. A. HAYEK AND AARON DIRECTOR (1945–1950)

Published online by Cambridge University Press:  30 July 2013

Abstract

None of the existing scholarly literature has explored or appreciated Director’s great respect for Hayek or their relationship. This paper explores the relationship of Hayek and Director, and argues that Director should be viewed as a disciple of Hayek in the immediate post-war period. Newly available archival material in the Director Papers at the University of Chicago as well as material in the Hayek Papers allow for a deeper appreciation of their relationship than was previously possible. The archival record indicates that the central arc of their relationship occurred from 1945 to roughly 1950, when they heavily corresponded, and primarily focuses on this pivotal time period. Through exploring the relationship of Hayek and Director, this paper challenges the frequent claim that Hayek did not influence the post-war Chicago School, and argues that, starting in 1946, Hayek, even though he was not yet at Chicago, influenced the initial intellectual trajectory of the post-war Chicago School through his disciple Director.

Type
Articles
Copyright
Copyright © The History of Economics Society 2013 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

REFERENCES

Archival Sources

DPRL Aaron Director Papers, Regenstein Library, University of ChicagoGoogle Scholar
FPHI Milton Friedman Papers, Hoover Institution, Stanford UniversityGoogle Scholar
HPHI F. A. Hayek Papers, Hoover Institution, Stanford UniversityGoogle Scholar
HPRL Robert Hutchins Papers, Regenstein Library, University of ChicagoGoogle Scholar
MPHI Fritz Machlup Papers, Hoover Institution, Stanford UniversityGoogle Scholar
MPS1947LA Records of the 1947 meeting, Mont Pèlerin Society, Liberaal Archief, Ghent, BelgiumGoogle Scholar
SPRL Henry Simons Papers, Regenstein Library, University of ChicagoGoogle Scholar
TSPR Theodore Schultz Papers, Regenstein Library, University of ChicagoGoogle Scholar
URRL University of Chicago Press Records, Regenstein Library, University of ChicagoGoogle Scholar
VPML Jacob Viner Papers, Mudd Library, Princeton UniversityGoogle Scholar
WLYA Walter Lippmann Papers, Yale University Library Manuscripts and ArchivesGoogle Scholar
WPRL W. Allen Wallis Papers, Rush Rhees Library, University of Rochester LibraryGoogle Scholar

Other Sources

Bowen, Croswell. 1945. “How Big Business Raised the Battle Cry of ‘Serfdom.’P. M. (October 14):. 12–16.Google Scholar
Breslin, James E. B. 1993. Mark Rothko: A Biography. Chicago: The University of Chicago Press.Google Scholar
Caldwell, Bruce. 2004. Hayek’s Challenge: An Intellectual Biography of F. A. Hayek. Chicago: University of Chicago Press.Google Scholar
Caldwell, Bruce. 2007. “Introduction.” In Caldwell, Bruce, ed., The Road to Serfdom: The Definitive Edition. Chicago: University of Chicago Press.Google Scholar
Caldwell, Bruce. 2010. “Editor’s Introduction.” In Caldwell, Bruce, ed., Studies on the Abuse and Decline of Reason: Text and Documents. Volume 13. Chicago: University of Chicago Press.Google Scholar
Caldwell, Bruce. 2011. “Hayek, the Chicago School, and Neoliberalism.” In Van Horn, Robert, Mirowski, Philip, and Stapleford, Thomas, eds., Building Chicago Economics. Cambridge, MA: Cambridge University Press.Google Scholar
Coase, Ronald. 1993. “Law and Economics at Chicago.” Journal of Law and Economics 36: 239254.Google Scholar
Coase, Ronald. 1998. “Aaron Director.” In Newman, Paul, ed., The New Palgrave Dictionary of Economics and the Law. New York: Macmillan, pp. 601604.Google Scholar
Director, Aaron. 1933. The Economics of Technocracy. Chicago: University of Chicago Press.Google Scholar
Director, Aaron. 1940. “Does Inflation Change the Economic Effects of War?The American Economic Review 30: 351361.Google Scholar
Director, Aaron. 1945. “Review of ‘The Road to Serfdom’ by Friedrich A. Hayek.” The American Economic Review 35: 173175.Google Scholar
Friedman, Milton. 1950. “Does Monopoly in Industry Justify Monopoly in Agriculture?Farm Policy Forum 3: 58.Google Scholar
Friedman, Milton. 1951. “Free Enterprise in the United States.” Bulletin Bimestriel (November–December).Google Scholar
Hayek, F. A. 1948. “Free” Enterprise and Competitive Order. In Hayek, F. A., ed., Individualism and Economic Order. Chicago: University of Chicago Press, pp. 107118.Google Scholar
Hayek, F. A. 1949. “The Intellectuals and Socialism.” The University of Chicago Law Review 16 (3): 417433.Google Scholar
Hayek, F. A. [1944] 2007. The Road to Serfdom: The Definitive Edition. Edited by Caldwell, BruceChicago: University of Chicago Press.CrossRefGoogle Scholar
Hayek, F. A., Krueger, Maynard C., and Merriam, Charles E.. [1945] 1989. “The Road to Serfdom.” University of Chicago Roundtable. In Kresge, Stephen and Wenar, Leif, eds., Hayek on Hayek. Chicago: University of Chicago Press, 108123.Google Scholar
Hoplin, Nicole, and Robinson, Ron. 2008. Funding Fathers: The Unsung Heroes of the Conservative Movement. Washington, DC: Regnery Press.Google Scholar
Lebergott, Stanley. 1953. “’Has Monopoly Increased?’ Review of Warren Nutter, The Extent of Enterprise Monopoly in the United States, 1899–1939.” The Review of Economics and Statistics 35 (4): 349351.Google Scholar
Mises, Ludwig von. 1985. Liberalism in the Classical Tradition. Translated by Ralph Raico. Irvington-on-Hudson, NY: Foundation for Economic Education.Google Scholar
Nik Khah, Edward, and Horn, Robert Van. 2012. “Inland Empire.” Journal of Economic Methodology 19 (3): 259282.Google Scholar
Nutter, G. Warren. 1951. The Extent of Enterprise Monopoly in the United States, 1899–1939. Chicago: University of Chicago Press.Google Scholar
Simons, Henry C. 1948. Economic Policy for a Free Society. Chicago: University of Chicago Press.Google Scholar
Tarshis, Lorie. 1946. The Elements of Economics. Boston: Houghton Mifflin Co.Google Scholar
Van Horn, Rob. 2009. “Reinventing Monopoly and the Role of Corporations.” In Mirowski, P. and Plehwe, D., eds., The Road from Mont Pelerin. Cambridge, MA: Harvard University Press, pp. 204237.CrossRefGoogle Scholar
Van Horn, Rob. 2010. “Harry Aaron Director: The Coming of Age of a Reformer Skeptic (1914–1924).” History of Political Economy 42 (4): 601630.Google Scholar
Van Horn, Rob. 2011. “Jacob Viner’s Critique of Chicago Neoliberalism.” In Building Chicago Economics, eds. Van Horn, R., Mirowski, P., and Stapleford, T., New York: Cambridge University Press, pp. 279300.Google Scholar
Van Horn, Robert, and Klaes, M.. 2011. “Intervening in Laissez-Faire Liberalism.” In Building Chicago Economics, eds. Van Horn, R., Mirowski, P., and Stapleford, T., New York: Cambridge University Press, pp. 180207.Google Scholar
Van Horn, Robert, and Klaes, M.. 2011b. “Chicago Neoliberalism Versus Cowles Planning.” Journal of the History of Behavioral Sciences 47 (3): 302321.Google Scholar
Van Horn, Robert, Klaes, M., and Mirowski, Philip. 2009. “The Rise of the Chicago School of Economics and the Birth of Neoliberalism.” In Mirowski, P. and Plehwe, D., eds., The Road from Mont Pelerin. Cambridge, MA: Harvard University Press, 139178.Google Scholar
Van Overtveldt, Johan. 2007. The Chicago School: How the University of Chicago Assembled the Thinkers Who Revolutionized Economics and Business. Chicago: Agate.Google Scholar