Alan O. Ebenstein Short Quotes

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Hayek's trade cycle theory was not in essence the same as Mises's.

Alan O. Ebenstein
Hayek was a philosophical utilitarian in his ultimate moral outlook.

Alan O. Ebenstein
Hayek did not always absorb as much light as he could have from other minds.

Alan O. Ebenstein
Hayek opposed not merely Keynes's policy recommendations, but his technical method.

Alan O. Ebenstein
Hayek agreed that Keynes saw himself as a preserver of capitalism rather than a destroyer.

Alan O. Ebenstein
Hayek's ultimate social goal—his utopia—was the unification of all humankind in one society.

Alan O. Ebenstein
While it is possible to imagine Mises without Hayek, it is not possible to imagine Hayek without Mises.

Alan O. Ebenstein
Keynes ultimately placed his hopes for good government in exceptional men. The focus in Hayek's work was rules.

Alan O. Ebenstein
Hayek possessed a towering intellect. At the same time, his intelligence was as much brittle as it was powerful.

Alan O. Ebenstein
Keynes's essential view was that the laissez-faire conditions that characterized the nineteenth century were dead.

Alan O. Ebenstein
The German idealist philosophical tradition from which Hayek emerged is usually held to begin with Gottfried Leibniz.

Alan O. Ebenstein
Although Hayek ascribed a primarily monetary source to economic fluctuations, he was not a monetarist as this term came to be used.

Alan O. Ebenstein
The question of Hayek's relationship to the Chicago school of economics raises the anterior question of the Chicago school of economics itself.

Alan O. Ebenstein
Hayek never really departed from the essential economic theory that he developed during the 1920s, although he expanded and deepened his analysis.

Alan O. Ebenstein
The German-speaking countries have, of course, a different history from the English-speaking world, and this background greatly influenced Hayek's thought.

Alan O. Ebenstein
Hayek was not primarily influenced by Kant in the area of political philosophy. [...] Where Kant primarily influenced Hayek was in ontology and metaphysics.

Alan O. Ebenstein
Hayek's approach was largely Burkean. He saw much good in inherited institutions, and yet, at the same time, he also saw the desirability and necessity of change.

Alan O. Ebenstein
Time is basic in Hayek's concept of economic activity and the role of capital. Production occurs over time. The price system is in part an intertemporal valuing system.

Alan O. Ebenstein
Among Mises's greatest personal attributes was courage. He had the force of will and character to maintain a position that he thought true even if almost no one else did.

Alan O. Ebenstein
Indeed, Hayek's later monetary work constitutes some of his most creative practical policy suggestions, though his thought in the area was, by his own admission, undeveloped.

Alan O. Ebenstein
Hayek abhorred Hegel, considering his work virtually without value. At the same time, Hegel's emphasis on mind and idealism indicate the philosophical heritage from which Hayek sprang.

Alan O. Ebenstein
Hayek always retained the view that money (at least as it has developed institutionally in advanced economies) causes the departure from equilibrium in fact that does not exist in theory.

Alan O. Ebenstein
Though Hayek decried the practical outcomes of Marx's work and his political philosophy, he had high regard for Marx as a technical economist whose work preceded his own business cycle theory.

Alan O. Ebenstein
Hayek's view was that all the knowledge that is possible of a circumstance is a theory of the circumstance—that is, there is no such thing as pure sensation. There is, rather, a theory of sensation.

Alan O. Ebenstein