It concerns correspondence between Hayek, a pioneer Nobel Prize-winning economist and leading apologist for the Austrian school of "free market" economics and Charles Koch. Yes, that Charles Koch.
The 1973 exchange between Koch and Hayek reveals the uncaring hypocrisy of these men. It is unbelievable. Hayek expresses his hesitation about coming to the US to support Koch's efforts on the ground that he enjoyed good health care coverage in (Socialist) Austria. Koch assures him that he will have Medicare and Social Security in the US because as a member of a university faculty (Chicago) in the US, he paid into the Social Security system.
http://www.thenation.com/article/163672/charles-koch-friedrich-hayek-use-social-securityPublicly, in academia and in politics, in the media and in propaganda, these two major figures—one the sponsor, the other the mandarin—have been pushing Americans to do away with Social Security and Medicare for our own good: we will become freer, richer, healthier and better people.
But the exchange between Koch and Hayek exposes the bad-faith nature of their public arguments. In private, Koch expresses confidence in Social Security’s ability to care for a clearly worried Hayek. He and his fellow IHS libertarians repeatedly assure Hayek that his government-funded coverage in the United States would be adequate for his medical needs.None of them—not Koch, Hayek or the other libertarians at the IHS—express anything remotely resembling shame or unease at such a betrayal of their public ideals and writings. Nowhere do they worry that by opting into and taking advantage of Social Security programs they might be hastening a socialist takeover of America. It’s simply a given that Social Security and Medicare work, and therefore should be used.
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Shortly after this exchange, in 1974, Hayek won the Nobel Prize in economics. The next year he went on something of a victory tour of the United States, which ended at the IHS, where he spent the summer as a resident scholar. Hayek returned to Menlo Park again in the summer of 1977. The Nation has filed a Freedom of Information Request with the Social Security Administration to discover if, in fact, Hayek received Social Security payments or used Medicare during his residencies at the institute or at any other time. At press time, these requests have not been answered.
Meanwhile, in 1974, Charles Koch founded the Cato Institute (called the Charles Koch Foundation until 1977). This think tank has done more than any other to push for an end to Social Security. In 1983 the Cato Journal published a blueprint of how to destroy Social Security, “Achieving a ‘Leninist Strategy,’” by Stuart Butler and Peter Germanis. . . . .
For more, see the link to the Nation