“Hayek ripped G. W. F. Hegel in The Counter-Revolution of Science’s third part for his “historicism”—the idea, in Hayek’s terminology, that history moves in set and predictable stages. He considered this idea fatally flawed and societies that were based on it to be unsuccessful, unproductive, and unfree. Historicism denies free will. The future is what we make of it.”

— Alan O. Ebenstein

Hayek's Journey: The Mind of Friedrich Hayek (2003)

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Alan O. Ebenstein 47

American political scientist, educator and author 1959

Mark Blaug (1927–2011) British economist

Hayek revisited (1993)

“During World War II it was exciting and unexpected for Hayek to find someone else, from Vienna, who was interested in many of the same topics that he was. The Open Society and Its Enemies has three main parts, on Plato, Hegel, and Marx. The next main chapters in Hayek’s uncompleted “The Abuse and Decline of Reason,” on which he was at work then, were to be on Hegel and Marx. In addition, Popper’s scholarly style was similar to Hayek’s, with extremely extensive notes.”

Alan O. Ebenstein (1959) American political scientist, educator and author

Hayek's Journey: The Mind of Friedrich Hayek (2003)

“It’s really challenging that idea of who is a hero, who has made contributions to society, but then also not historicizing it, so we’re really putting it in the present because that’s what modern media is so much about…”

Blair Imani (1993) American activist

On who is considered a feminist hero in “A Conversation with Blair Imani” https://www.readitforward.com/author-interview/a-conversation-with-blair-imani/ in Read It Forward

“Hayek did not believe that the same sort of prediction—and therefore control—that is possible in the natural sciences is attainable in the realm of society. At best, he thought, only a “pattern” of the future can be predicted in social life. He thought that to attempt to formulate laws of societal development akin to the laws of the physical sciences, as Marx attempted, is doomed to failure.”

Alan O. Ebenstein (1959) American political scientist, educator and author

Hayek's Journey: The Mind of Friedrich Hayek (2003)

“Investment of capital, to yield its fruit in the future, must be based on expectations, of opportunities in the future. When I put this to Hayek, he told me that this was indeed the direction in which he had been thinking. Hayek gave me a copy of a paper on 'intertemporal equilibrium', which he had written some years before his arrival in London; the conditions for a perfect foresight equilibrium were there set out in a very sophisticated manner.”

John Hicks (1904–1989) British economist

Source: Money, Interest and Wages, (1982), p. 6
Context: I remember Robbins asking me if I could turn the Hayek model into mathematics... it began to dawn on me that... the model must be better specified. It was claimed that, if there were no monetary disturbance, the system would remain in 'equilibrium'. What could such an equilibrium mean? This, as it turned out, was a very deep question; I could do no more, in 1932, than make a start at answering it. I began by looking at what had been said by... Pareto and Wicksell. Their equilibrium was a static equilibrium, in which neither prices nor outputs were changing... That, clearly, would not do for Hayek. His 'equilibrium' must be progressive equilibrium, in which real wages, in particular, would be rising, so relative prices could not remain unchange … The next step in my thinking, was … equilibrium with perfect foresight. Investment of capital, to yield its fruit in the future, must be based on expectations, of opportunities in the future. When I put this to Hayek, he told me that this was indeed the direction in which he had been thinking. Hayek gave me a copy of a paper on 'intertemporal equilibrium', which he had written some years before his arrival in London; the conditions for a perfect foresight equilibrium were there set out in a very sophisticated manner.

“Hayek truly did get Popper his position at the London School of Economics. “I am personally anxious to get Dr. Popper to this School,” Hayek wrote Gombrich as early as 1943. Given the later prominence that Popper achieved for the school, this was one of Hayek’s most significant contributions to its reputation, as well as the decisive career move in Popper’s life.
Hayek also genuinely influenced Popper’s political philosophy. While Popper always remained to Hayek’s left, he started out much further to Hayek’s left than he wound up, and this movement was in no small part the result of Hayek’s influence. Popper was a charter member of the Mont Pelerin Society. He suggested, however, that socialists be brought into it. Hayek wrote Popper several deeply personal letters in connection with his divorce. It is likely that their personal relationship was more important to and valued by Hayek than Popper, though Popper valued highly Hayek’s friendship.”

Alan O. Ebenstein (1959) American political scientist, educator and author

Hayek's Journey: The Mind of Friedrich Hayek (2003)

“At the same time, as Hayek maintained elsewhere, the facts of the social sciences do not lend themselves to the same degree of prediction, or explanation, as the facts of the natural sciences—it is for this reason that there are degrees of prediction or explanation. Prediction may be expressed numerically, moreover, “not as a unique value or magnitude but as a range,” narrow in the natural sciences and potentially very broad in the social sciences. In the social sciences, Hayek modified the conception of a numerical range to a “range of phenomena to expect.””

Alan O. Ebenstein (1959) American political scientist, educator and author

This was his concept of pattern prediction, or explanation of the principle, broad, general predictions.
Hayek's Journey: The Mind of Friedrich Hayek (2003)

“Hayek was in many respects a philosophical idealist, in that he believed that ideas rule the world. It was the idea of constructivism, he thought, that has such destructive consequences. If he could combat this idea, then much good would result.”

Alan O. Ebenstein (1959) American political scientist, educator and author

Hayek's Journey: The Mind of Friedrich Hayek (2003)

“In the years after 1936, whilst Hayek was working on The Pure Theory of Capital, most economists were convinced by Keynes, whose theory had an elegance and simplicity that Hayek’s did not. Keynes’ theory lacked Hayek’s theoretical rigor in that it was not based on equilibrium (on individual rationality), and there were places in the argument where Keynes relied on loose, informal arguments, preferring to put his trust in intuition rather than formal theory. Keynesians did not solve the problems with capital theory that Hayek had identified: they just bypassed or ignored them. According to Hayek’s methodological criteria, Keynes’ theory was decidedly inferior. Against this, Keynes’ theory provided opportunities for mathematical and statistical analysis that Hayek’s did not. Indeed, though Hayek paid some attention to data, he did so only minimally: he certainly made no attempt to test his theory against statistical data. The choice of Keynesian theory was, at least in part, a methodological one.”

Roger Backhouse (economist) (1951) British economist

"Hayek on money and the business cycle", 2006

“His epistemology began from a phenomenalist base. The philosopher and physicist Ernst Mach was very important in Hayek’s development and to the atmosphere at the University of Vienna when Hayek was a student there.”

Alan O. Ebenstein (1959) American political scientist, educator and author

Hayek's Journey: The Mind of Friedrich Hayek (2003)

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