F. A. Hayek and intellectual humility

F.A.Hayek, Free-Market Think Tanks, And Intellectual Entrepreneurs. Por Alejandro Chafuen.

I still recall the first time I heard F.A. Hayek (1899-1992) deliver a major lecture: it was in 1981 at the main hall in the classic building of the old Argentine Stock Exchange. During his presentation, he defended unemployment insurance, especially for those in risky occupations. I was so “radical” at the time after having studied all the books of Ludwig von Mises, Hayek’s mentor and colleague. Hayek’s statement shocked me. I handed in a card with my question and to my surprise, the moderator read it out loud. I’d written, “Ludwig von Mises wrote that in a free and unhampered market occupations with higher risks for unemployment already get a premium in salary, wouldn’t that invalidate the reason you stated?” I was even more surprised when Hayek answered, “as usual, my master was right.” Throughout my life, I’ve had the privilege of meeting many important intellectuals. Intellectual humility is seldom one of their traits. Hayek was different. I decided to learn from his example and began focusing on reading every one of Hayek’s work available to me.

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2 thoughts on “F. A. Hayek and intellectual humility

  1. Luís Lavoura

    in a free and unhampered market occupations with higher risks for unemployment already get a premium in salary

    Isto é um facto experimental? Ou não passa de um postulado de Mises? Quais são os “free and unhampered markets” que Mises observou e lhe permitiram chegar a tal conclusão?

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