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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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    References listed on IDEAS

    1. William L. Davis & Bob G. Figgins & David Hedengren & Daniel B. Klein, 2011. "Economics Professors' Favorite Economic Thinkers, Journals, and Blogs (along with Party and Policy Views)," Econ Journal Watch, Econ Journal Watch, vol. 8(2), pages 126-146, May.
    2. Klein, Daniel B., 2014. "Knowledge and Coordination: A Liberal Interpretation," OUP Catalogue, Oxford University Press, number 9780199355327, June.
    3. William A. McEachern, 2006. "AEA Ideology: Campaign Contributions of American Economic Association Members, Committee Members, Officers, Editors, Referees, Authors, and Acknowledgees," Econ Journal Watch, Econ Journal Watch, vol. 3(1), pages 148-179, January.
    4. Daniel B. Klein, 2006. "Sense and Sensibilities: Myrdal's Plea for Self-Disclosure and Some Disclosures on AEA Members," Econ Journal Watch, Econ Journal Watch, vol. 3(1), pages 180-205, January.
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    More about this item


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

    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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