Nietzsche, Hayek, and the Austrians: A Reply to My Critics
My article “Nietzsche’s Marginal Children” has provoked much criticism, some of it quite hostile. (Here’s a complete list of the responses I’ve received.) The criticism focuses on four issues: the connection between Nietzsche and Austrian economists such as Ludwig von Mises and Friedrich von Hayek; the question of Hayek’s elitism; the relationship between economic and non-economic value; and the relationship between Hayek and Pinochet. I address three of these criticisms here—a separate post on Hayek and Pinochet follows—but first let me restate the argument of the piece and explain why I wrote it. “Nietzsche’s Marginal Children” juxtaposes Nietzsche’s critique of the idea of objective value with the turn to subjective theories of value in economics, first among the early marginalists […]
- Categories Economies, Political Theory, The Right