Comes to our attention the distinguished Berkeley economist, and former Clinton Administration Treasury official,
J. Bradford DeLong writing;
WTF with democracy and Pinochet? it is very clear that Hayek
was very comfortable saying that he would much rather have an
authoritarian classical-liberal government then a democratic government
that followed “illiberal” economic policies. But where are these
authoritarians respect the rule of law supposed to come from? Why should
governments that do not respect the lives of their people–that throw
people out of helicopters into the South Pacific–or the liberty of their
people–that “disappear” critics who cross the line and are too
strident–respect the property of their people? Both theoretical and
empirical considerations would tend to teach the lesson respect for the
rule of law is a seamless garment: governments committed to respecting
free speech and free elections would seem to be much more likely to
commit themselves to respecting property than those that did not. Yeah I
asked does not see it in the way I would regard as natural. Why not?
Probably because Hayek didn't have a cartoonish idea of what had happened in Chile in the 1970s,
as most--if not all--of DeLong's commenters seem to. Samples;
...
The Chilean Miracle: Neo-classical economics plus machine guns
Not high class enough to acquaint themselves with the facts--and it's been over a decade since DeLong and company were informed of them at Semi-Daily Journal--which are readily available from: Georgie Anne Geyer in Buying the Night Flight, Jorge Edwards' Persona Non Grata: A Memoir of Disenchantment with the Cuban Revolution and James Rolph Edwards' Painful Birth: How Chile Became a Free and Prosperous Society
Or, they could settle down with a good blog for several hours of instruction.