Comrade Hayek?

Friedrich Hayek was one of the greatest Austrian economists of the twentieth century, and Murray Rothbard thought very highly of his work, especially his development of the Austrian theory of the business cycle. In addition, as I can testify from my own experience as his student, he was a great philosopher of the social sciences. Unfortunately, he did not completely support the free market. He favored a number of welfare state measures, such as social security and the government provision of so-called “public goods.”