The Greatest of Modern Demagogues
We usually think of Friedrich Hayek as a moderate, as least when compared with Mises and Rothbard, but he had a radical side as well. Hidden away in a note to the third volume of Law, Legislation, and Liberty, he makes a comment that puts him far outside “respectable” public opinion. He says that the inventor of “freedom from want” was “the greatest of modern demagogues.” Hayek’s condemnation of Franklin Roosevelt is as forthright as any radical could wish.