Mises’s Vienna seminar trained the generation that built post-war neoliberalism.

Evidence

When this Jewish liberal intellectual ultimately abandoned Europe to the Nazis, this did not dent his faith in the inextricable relation between the competitive market and civilisation, but it did signal the end of an era in the development of neoliberalism. Mises’s private seminar, held between 1920 and 1934 in his office in the Vienna Chamber of Commerce, was formative for a generation of neoliberal thinkers, among them Hayek, the philosopher Alfred Schütz, and the prominent economists Gottfried Haberler and Fritz Machlup. One day, as Mises looked out of the window of his chamber offices onto Vienna’s opulent grand boulevard (Ringstrasse), he told Machlup, ‘Maybe grass will grow there, because our civilization will end’. — Jessica Whyte, The Morals of the Market, 106

Categorization

  • XREF: Connects to knowledge of the Austro-American economists Schütz, Haberler, and Machlup and their migration to the US. — connects to: Interwar Vienna produced the extra-academic intellectual networks that seeded neoliberalism — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 101; Hayek, Machlup, and Haberler all trained under von Mises in interwar Vienna. — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 996

Broader Connections