Sunday, August 22, 2004

Mises and Hayek in League With Nazis?

This is pretty funny. Some lefty with a perfectly rational dislike of George W. Bush lets himself go off the conspiratorial rails by trying to connect Bush and the Nazis with Ludwig von Mises and Friedrich Hayek, who were apparently funded by the Rockefellers! Gee, no wonder Austrian economics is dominant in American academia!
"In essence, the Rockefellers maintain a monopoly on economic theory. To understand how they gained such control brings us back to the 1920s. During the 1920s, two economists rose to prominence: Ludwig von Mises, and Friedrich A. Hayek. Both were helped by Rockefeller money. Von Mises toured the United States in 1926. The tour of American Universities was sponsored by the Laura Spelman Rockefeller Foundation and was greatly successful in promoting the views of the Austrian School of Economics. Hayek tutored personally David Rockefeller in economics.

"In 1950, von Hayek was brought to the United States to teach at the University of Chicago. He didn't teach economics, he was actually made a professor on the Committee on Social Thought. This was an exceptionally dangerous position for a man that held the views von Hayek did. In 1945, von Hayek's The Road to Serfdom was published. This poorly written book was an attack on the concept of the nation-state. In it, von Hayek argued that the nation-state was a hindrance to peace, and socialism led to totalitarian systems, which treated their citizens as serfs. In place of the nation-state von Hayek proposed a supra-national authority or world federation consisting of the financial elite.

"This elite would then be free to rule the world according to their own interest. In 1947, von Hayek created the Mount Pelerin Society, made up of the financial elite of Europe, as a first step toward his supranational authority. In the years since, the Mount Perlin Society has been influential in creating numerous "conservative" think tanks, which promote free market economic policies for the Establishment."

See this article by Gary North for a more accurate account of Mises' and Hayek's positions in U.S. academia.

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