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The Transmission of the Ideals of Economic Freedom


  • Friedrich A. Hayek


This is a reprint of a brief essay originally published in 1951. Hayek looks back on the age of liberalism and its collapse. During the generations of growing darkness, there were a few figures who bridged the age of liberalism and the postwar revival of its ideas and values. Hayek identifies three as particularly important, Edwin Cannan, Ludwig von Mises, and Frank H. Knight, and he briefly treats their works, circles, and students. He also briefly treats the circle of Ordo liberals in Germany.

Suggested Citation

  • Friedrich A. Hayek, 2012. "The Transmission of the Ideals of Economic Freedom," Econ Journal Watch, Econ Journal Watch, vol. 9(2), pages 163-169, May.
  • Handle: RePEc:ejw:journl:v:9:y:2012:i:2:p:163-169

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    Liberalism; liberty; freedom; Edwin Cannan; Ludwig von Mises; Frank H. Knight; Walter Eucken;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925


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