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Freedom, the Common Good, and the Rule of Law: Lippmann and Hayek on Economic Planning
- Journal of the History of Ideas
- University of Pennsylvania Press
- Volume 73, Number 1, January 2012
- pp. 47-68
- 10.1353/jhi.2012.0011
- Article
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This article examines the intellectual relationship between Friedrich Hayek and Walter Lippmann in the 1930s and 1940s, and argues that Lippmann's writings on economic planning were a neglected influence on the development of Hayek's political thought in this period. Lippmann's work provided a first approximation of arguments that Hayek would later make this own: that planning would destroy civil and political freedom; that a certain form of legal order was essential to the preservation of liberty; and that critics of planning should offer a positive liberal reform agenda that was compatible with this understanding of the law.