Samuelson is interesting because he is the originator of the theory of вЂњcapitalist fascismвЂќ, which, in many ways, is a mirror image of HayekвЂ™s argument from Road to Serfdom. This book will lay out the evidence about Hayek, Friedman and Buchanan, and add to the mix two other important thinkers: Paul Samuelson and Vincent Ostrom. While he did not support Pinochet, some might still find fault with some of his actions, and, interestingly, Friedman himself changed his views about the proper relations between politics, economics, and society over time. The case of Milton Friedman is somewhat in the middle. In the case of James Buchanan, the perception of his supposed support for liberal dictators is at odds with his actual actions and writings, and it is almost entirely the result of either the willful misinterpretation of his views, or a misunderstanding of what Buchanan is arguing when he is critical of majoritarian democracy. Some authors, like John Meadowcroft, have argued that HayekвЂ™s support of Pinochet followed logically from his abstract theory of liberalism, while others, like Peter Boettke and Bruce Caldwell, see a contradiction between the two. Such a choice became particularly problematic in cases like Augusto PinochetвЂ™s Chile, and the reputation of prominent вЂњneoliberalsвЂќ like Friedrich Hayek, Milton Friedman and James Buchanan has been tainted by their perceived support for вЂњliberal dictatorsвЂќ in general and Pinochet in particular. Both supporters of markets and of democracy have increasingly come to believe that the two are only partially compatible, and that one must choose. The vulnerabilities of democracy and naivety of the belief in a liberal dictator DescriptionДЄlthough 19 th century classical liberalism combined a defense of both democracy and markets, over the span of the 20 th century, the tension between the two has gathered increasingly more attention. The possibility of principles in politicsДЎ1. Politics by principle: Generality and the escape from domination and discriminationД©.

Volume 2: Buchanan, Ostrom, and the Primacy of Democratic ConsentДЁ. The relationship between democracy, markets, and civil society Transitional dictatorship and liberal dictatorsДҐ. Slippery slopes to socialism and the threat of unlimited democracyДЈ. Volume 1: Hayek, Friedman, and Samuelson on the Political Economy of Slippery SlopesДў. Under contract with Cambridge University Press as two volumes in the Cambridge Elements series.

Liberas and dictators