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« Yglesias on the Gold Standard | Main | The Federalism of Vincent and Lin Ostrom »


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It would be interesting to link this to Hayek's historical experience in the Habsburg Empire and the in democratic Austria/Vienna.

He clearly preferred the far from completely liberal Habsburg rule (but which had a kind of rule of law system) to the popular democracy of the interwar period. A democratic system that collapsed into fascism.


I think that experience was probably (it would have to be, right?) extremely influential on Hayek's thought in dealing with these issues.


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