On Jul 11, 2010, at 9:30 AM, Louis Proyect wrote:

> While Hayek, who moved to the University of Chicago in 1950, built an 
> ardent following of admirers (including Milton Friedman),  his fame 
> gradually waned. By the time he won the Nobel Prize in 1974 he was 
> largely forgotten by the public and marginalized within his profession. 
> In graduate programs in the early 1980s, the economist William Easterly 
> recalled recently on his blog, “Hayek was seen as so far right that you 
> would be considered a nut to read him.”

Hey, I was one of those nuts as a right-wing undergrad in the early 1970s. 
Several of us in the Party of the Right read and adored The Road to Serfdom. I 
can testify that we were perceived as marginal nuts.

Doug
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