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Comparative study of Lippmann's and Hayek's liberalisms (or neo-liberalisms)

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  • Francis Clavé

Abstract

Walter Lippmann and Friedrich Hayek were both involved in the reconstruction of liberalism, or the emergence of neo-liberalism. This article will show that although the two authors treated similar themes, i.e. information and knowledge, economy, law, and politics, they addressed them in a radically different way. Hayek's approach was more individualistic, more related to the economy, to the concept of spontaneous order and to the limitation of politics by the law. In contrast, Lippmann related information and knowledge to expertise, centred law around the interactions between individuals and connected harmony more to the politicians' actions.

Suggested Citation

  • Francis Clavé, 2015. "Comparative study of Lippmann's and Hayek's liberalisms (or neo-liberalisms)," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 22(6), pages 978-999, December.
    • Handle: RePEc:taf:eujhet:v:22:y:2015:i:6:p:978-999
    DOI: 10.1080/09672567.2015.1093522
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