The Geneva connection, a liberal world order, and the Austrian economists

Richard M. Ebeling ()
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Richard M. Ebeling: The Citadel: Military College of South Carolina

The Review of Austrian Economics, 2020, vol. 33, issue 4, No 9, 535-554

Abstract: Abstract Quinn Slobodian’s Globalists: The End of Empire and the Birth of Neoliberalism (2018), attempts to draw a picture of the interwar and postwar periods of the 20th century that sees neoliberalism as a political and economic idea meant to preserve the power of private “capital” over democratic “labor” for the exploitation of the latter by the former. In doing so, he sees a group of economists associated with the Graduate Institute of International Studies in Geneva, Switzerland as central players in designing a new order for capitalist oppression. This article challenges both the facts and the interpretation offered by Dr. Slobodian, by analyzing the purpose behind and the scholars associated with the Graduate Institute in, especially, the 1930s, with particular attention to his criticisms of the Austrian economists, Ludwig von Mises and F.A. Hayek. It is shown that his story is far more fiction than fact.

Keywords: Liberalism; Austrian economics; International economic order; Economic nationaism; Ludwig von Mises; Friedrich A. Hayek (search for similar items in EconPapers)
Date: 2020
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DOI: 10.1007/s11138-019-00450-3

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