>
> Please read Hayek (well worth while), not in the same boat, probably not
> even on the same planet, at Friedman. No maths. No equilibrium. Despite some
> table poundung, no opposition to social democracy or planning where it would
> work -- just generaly thought it wouldn't. Question came up at a seminar I'm
> participating in whether Hayek would really draw the line, or could, given
> his premises, at objecting to anything short of total central planning. It's
> not evident that he could.
>
I haven't got around to reading Hayek but I have heard this from others too.
Last year I met Eric Aarons, an old Australian communist, who has been
getting right into him and who said the same thing. I see he has a book
coming out with Routledge this year: Hayek versus Marx.
As for Schumpeter, definitely, well worth reading; as Joan Robinson put it, Marx with the adjectives changed.
Cheers, Mike Beggs