Stigler saw an ancient and timeless hostility of intellectuals toward markets

Evidence

The intellectual has never felt kindly toward the marketplace. Whether this intellectual be an ancient Greek philosopher, who viewed economic life as an unpleasant necessity that should never be allowed to become obtrusive or dominant, or whether this intellectual be a modern man, who focuses his scorn on gadgets and Madison Avenue, the basic similarity of view has been pronounced. — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 110

Categorization

  • DEFINE: Captures Stigler’s core intellectual-position thesis: intellectuals across millennia share market contempt.
  • XREF: Echoes the ‘death of the intellectual’ and anti-market intellectual narrative also found in Schumpeter and later in Hayek’s ‘The Intellectuals and Socialism’. — connects to: Neoliberals diagnosed intellectual hostility to markets as resentment, utopianism, and ignorance. — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 286; Capitalism generates intellectuals who are hostile to the system that produces them — Angus Burgin, The Great Persuasion: Reinventing Free…, 272

Broader Connections