Lippmann’s The Good Society was intellectually indebted to Austrian economics via Hayek

Evidence

By the time Lippmann published The Good Society, which was partially serialized in the Atlantic Monthly before its fi nal publication in the fall of 1937, he had traveled further along the path that the Godkin Lectures had set. The transformation was partially inspired, he acknowledged in the opening pages of the book, by his readings in Austrian economics, and in par tic u lar by a volume edited by Hayek and published in 1935, Collectivist Economic Planning. “In a crude way I had discerned the inherent diffi culty of the planned economy,” Lippmann wrote to Hayek as the fi nal proofs of the book were being submitted to the publisher, “but without the help I have received from you and from Professor von Mises, I could never have developed the argument.” — Angus Burgin, The Great Persuasion, 154

Categorization

  • XREF: Connects to Mont Pèlerin Society origins, the research focus for this book. — connects to: Lippmann’s Good Society framework shaped Hayek’s later political philosophy — Angus Burgin, The Great Persuasion: Reinventing Free…, 163; Hayek endorsed Lippmann’s The Good Society unreservedly, seeing his views confirmed — Angus Burgin, The Great Persuasion: Reinventing Free…, 164; Austrian economic readings converted Lippmann against planned economies by 1937 — Angus Burgin, The Great Persuasion: Reinventing Free…, 154 (+2 more)

Broader Connections