Neoliberalism cannot be reduced to Hayek’s own pronouncements.

Evidence

At first sight, it may seem that Hayek’s denunciation (but note well—combined with acceptance) of the prize might seem to contradict the major thesis of this chapter: How could the Riksbank award be skewed to promote the MPS and its doctrines when its most famous member was so disparaging about the functions of the prize at the award ceremony? Here, I think, it becomes necessary to insist once again that neoliberalism and the NTC cannot be reduced to the utterances of Hayek alone. However brilliant Hayek may have been, he was distinctly inferior in his understanding of the sociology of the economics profession than many other members of the NTC, as the quote from Hartwell above implicitly indicates. If he really believed the ersatz Nobel was so deleterious for economic thought, then he should have practiced what he preached and renounced the prize. I think it plain that the wisdom of Lundberg, Lindbeck, and the others ultimately won out: all agree Hayek’s stock as an economist began its recovery with the bestowal of the Bank of Sweden Prize. And, validating NTC wisdom, Hayek is second-most cited laureate in the other Bank of Sweden Prize lectures, just after Kenneth Arrow. — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 524

Categorization

• XREF: Connects to the reader’s goal of fracturing the caricature: the movement had internal division of labor — Hayek was weaker at professional sociology than other NTC figures. — connects to: Neoliberalism is internally plural yet not formless — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 10; Marxism is not economic reductionism and requires attending to ideas in their own terms; Neoliberalism may not cohere as a unified doctrine in actual practice. — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 185 (+1 more)
• QUESTION: Worth chasing: who precisely are Lundberg and Lindbeck, and how did they steer the prize selection process? The naming of ‘the others’ is suggestive but under-specified.

Broader Connections

• Neoliberalism is internally plural yet not formless #expands (0.85) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 10
• Neoliberalism may not cohere as a unified doctrine in actual practice. #corroborates (0.82) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 185
• Marxism is not economic reductionism and requires attending to ideas in their own terms #exemplifies (0.72)