‘National Conservatives’ Shouldn’t Be So Quick to Dismiss Hayek

(Larry Downing/Reuters)
The libertarian economist’s body of work is much more complex and valuable than his critics imagine.

NRPLUS MEMBER ARTICLE I n a new piece published by American Compass, “Planning for When the Market Cannot,” Julius Krein critiques Nikki Haley’s recent unapologetic defense of capitalism. Taking aim in particular at F.A. Hayek’s case against heavy-handed government “planning” of the economy, he hopes to persuade the reader to cast Hayek-inflected conservatism aside in favor of the more interventionist economic policies favored by the new nationalist right.

Krein’s argument embodies a fatal weakness in “national conservative” intellectual strategy. But to understand why, it’s first necessary to grasp the various anti-planning arguments that he seems to conflate.

Types of Planning

The worry that government interferes too much

Kevin Vallier is an associate professor of philosophy at Bowling Green State University. His book, Trust in a Polarized Age, will be published by Oxford University Press in November. He blogs at Reconciled.

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