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How (some) socialists become capitalists

The cases of three prominent intellectuals

Bibliographic Data

ID6252249
AuthorsDavid R Henderson (Naval Postgraduate School, corresponding author)
Year1999
Volume13
Issue3-4
Pages229-237
Publication date1999-01-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueCritical Review (JOURNAL)
Journal identifiersISSN: 0891-3811 • E-ISSN: 1933-8007
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/08913819908443531
OpenAlexW2002242088
LanguageEN
Citations received1

Three prominent economists born early in the twentieth century—James Buchanan, Jack Hirshleifer, and Simon Rottenberg—switched from a belief in socialism in their twenties or thirties to strong support for free markets. Interviews show that for all three, and especially for Buchanan and Rottenberg, what changed them is what they learned in their economics classes. For Hirshleifer, another major influence was the pact between Hitler and Stalin, which caused him to be more skeptical about leftist ideas and made him more open to intellectual criticisms of socialism

Communism · Economic history · Economics · Epistemology · Law and economics · Left-wing politics · Neoclassical economics · Political economy · Political science · Politics · Positive economics · Skepticism · Socialism · Sociology · Economic Theory and Institutions · Law · Philosophy · Political Economy and Marxism

  • "Conflict as a "Normal Economic Activity

    Teresa Tomás Rangil, Teresa Rangil•History of Political Economy•2011

Unique citing works1
Citations per year0,07
Citation span2011 - 2011 (1)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 1

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