A Tale
of Two Economists: Hoppe and Summers
by
Walter
Block
by Walter Block
This
is a tale of two economists, Larry Summers and Hans-Hermann Hoppe.
They have much in common, in addition to their adherence to the
dismal science. Each is quite prominent in his field. Summers was
Treasury Secretary in the Clinton Administration, and is now President
of Harvard. Hoppe is a professor of economics at the University
of Nevada at Las Vegas and a preeminent leader not only of the Austrian
School of Economics, but also of the libertarian school of political
philosophy. Both are associated with the right wing of the economics
profession; although this is far more true of Hoppe than Summers,
neither can properly be considered as a socialist or "progressive."
I have heard tell that in any given room that Summers finds himself,
he is much the brightest person in the group. From my own experience,
this also applies, in spades, to Hoppe. They are even not too far
apart in age, Hoppe at 55 and Summers at 50.
But
the most important thing they have in common is that each has been
in the news of late for uttering views incompatible with the Thought
Control mania that has swept academia like a virus.
Summers
speculated about possible explanations for the scientific glass
ceiling: for the failure of females to be anything like equally
represented with males in the highest reaches of mathematics, physics,
chemistry, and other hard sciences. He opined that this might have
something to do with the fact that women have a lower variance of
these sorts of abilities than men, and that this might not be unrelated
to genetics.
Hoppe’s
violation of thought control was the view that homosexuals, along
with others who tend not to have children, have a higher than average
time preference rate. They are willing to trade more future income
for present gratification than others, such as parents.
Neither
of these claims is at all unexceptionable – within economics. Both
would be widely agreed to within this profession. Certainly, neither
would raise any untoward number of eyebrows within this discipline.
It
would be readily understandable, moreover, that each of these economists
could have stated the other view. It is easy to imagine, for example,
that Hoppe would have weighed in on male-female intellectual differences,
and that Summers could have speculated about interest rate determinants;
e.g., different time preference rates for different categories of
people. Nothing much of substance would change if this "switch"
were made.
The
most dramatic similarity in the experiences of these two economists
is of course the reaction accorded their remarks from academia.
In Hoppe’s case, the administration pounced on him, making all sorts
of threats. They would (and did for a time) dock his pay, place
in his file a note forbidding him from offering "opinions"
in class as opposed to "facts," summoning him to all sorts
of kangaroo school court hearings, where his views on interest rates,
time preferences, etc., were judged by people completely innocent
of the complexities of economics. Although Hoppe has tenure, and
thus cannot be fired except under very special and limited circumstances,
his job was still put at risk by administrators anxious to punish
him for his "transgressions."
The
UNLV Affirmative Action/Equal Employment Opportunity Officer recommended
that Hoppe receive a reprimand and be suspended without pay for
one week. A grievance committee recommended that Hoppe be reprimanded
and forfeit merit pay for the current academic year. On February
9, 2005, Hoppe received "a non-disciplinary letter of instruction"
from Raymond W. Alden, III, the university’s Executive Vice President
and Provost, affirming the decision of the grievance committee,
stating that Hoppe had created "a hostile learning environment"
in his classroom, and instructing Hoppe "to cease mischaracterizing
opinion as objective fact in the educational environment."
Summers,
too, was hounded. By the press, by outraged feminists, by his arts
and sciences faculty which gave him a vote of "no confidence"
(interestingly, but not unexpectedly, this was the only faculty
at Harvard to do so). Summers was raked over the coals by the nation's
editorial writers, sob sisters, and assorted "progressives."
Both these men suffered the loss of vast amounts of precious time,
when they could and would have been involved in far more productive
pursuits, in the efforts to defend themselves against these respective
onslaughts.
It
is here that their paths diverge. Each took a very different stance
in response to the venom they had innocently unleashed. Summers
apologized, groveled, debased himself, apologized some more, and
then groveled again. He didn’t really mean it. He was misquoted.
He will now set up all sorts of programs to hire and promote female
scientists. (Why, pray tell, when they are likely to be less distinguished
than their male peers, according to his own theory? This would drag
down the level of instruction and research at Harvard, surely something
that no president of that institution should look upon with equanimity.)
Hoppe,
in sharp contrast, and to his immense credit, stood his ground.
He gave up not an inch of intellectual territory. He insisted that
what he said was correct, and that even, per impossible, if it were
not, UNLV’s explicitly stated cannons of academic freedom should
protect him from the sort of witch hunt to which he has been subjected.
He demanded that UNLV cease and desist from committing fraud, by
violating their own rules of academic freedom. He was adamant that
the administration offer assurances that they had read and still
support this document, so that what had happened to him would not
be suffered by any of his colleagues in future. He called for an
apology. He asked that appropriate punishment be meted out to the
high level administrators responsible for this outrage. He requested
a year’s paid sabbatical leave, to make up for his all but wasted
academic year. He threatened to sue.
As
a result of this courageous stance, as of this present writing,
the administration has caved in on several fronts. The letter of
condemnation has been removed from his file. He is no longer threatened
with job loss nor by being docked pay raises to which he would otherwise
have been entitled. His other demands are still unresolved.
Summers
should have borrowed a leaf from the Hoppe playbook. He should have
stuck to his guns (sorry, sorry, I don’t want to get in trouble;
maybe I should not have mentioned that word). He should have suggested
to that female MIT professor who had to leave the room where he
made his remarks because she was "sick to her stomach"
that a world class university is a place where one
can think and express thoughts – even those outside the box
of popular opinion – and that if she finds this so repugnant that
perhaps she should seek work in another environment.
Maybe she could become a baby sitter. He should have pledged
that as president of Harvard he would seek to hire, tenure and promote
only the most highly competent professors, regardless of age, race,
gender, whatever. He should have told the professors who voted "no
confidence" in him for the above that they
should seek jobs at inferior universities, like Princeton,
which recently hired Harvard castoff Cornell West, who left Cambridge,
MA after Summers heroically got on his case for eschewing serious
academic work in favor of rap "music." He should have
called Hoppe, and maybe through osmosis would have been given an
injection of backbone.
If
Summers had done these things, he would have made a good start at
cleaning out these academic Augean Stables. As it happens, he has
sent out the word, loud and clear, that Harvard places thought control
above free thought, and eschews the attempt to maximize the quality
of research and teaching. He ought to be fired for betraying what
once was one of the most sacred principles of higher education.
A
tale of two economists. Both started out in their respective ordeals
along very similar paths. But one showed courage, grit and determination,
the other cowardice. A lesson for all of us.
April
11, 2005
Dr.
Block [send him mail]
is a professor of economics at Loyola University New Orleans.
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© 2005 LewRockwell.com
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