A fascinating, readable biography of Friedrich Hayek
Bruce Caldwell and Hansjoerg Klausinger puncture some long-standing myths about the Austrian economist
Hayek. By Bruce Caldwell and Hansjoerg Klausinger. University of Chicago Press; 824 pages; $50 and £35
Robert Skidelsky’s three-volume biography of John Maynard Keynes achieved something few histories of economic thought can do: it was well written, packed with interesting detail and offered enough—but not too much—theory. Now Keynes’s great rival, Friedrich Hayek, is the subject of a biography comparable to Lord Skidelsky’s. It is certainly on a similar scale. The first volume is more than 800 pages, and a second is on the way. Bruce Caldwell’s and Hansjoerg Klausinger’s work also has the makings of something just as good.
This article appeared in the Culture section of the print edition under the headline "This is what we believe"
Culture November 19th 2022
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