On page 147 of Human Action, Ludwig von Mises writes:
The historical role of the theory of the division of labor as elaborated by British political economy from Hume to Ricardo consisted in the complete demolition of all metaphysical doctrines concerning the origin and the operation of social cooperation. It consummated the spiritual, moral and intellectual emancipation of mankind inaugurated by the philosophy of Epicureanism.
This is a rather strong statement. Epicureanism, says Mises, inaugurated the spiritual, moral and intellectual emancipation of mankind. There are several other passages in his books where he mentions this philosophy in a very favourable light, but without ever explaining in details why. And although a lot of attention has been devoted to the influence of Aristotle, Aquinas, the Scholastics, the French liberals and others on Austrian ideas, as far as I know, nobody has ever paid attention to Epicurus.
Now, why would Mises make such a claim in relation to a philosophy that has been so reviled for 2000 years? Stacks of new books devoted to Plato, Aristotle and other philosophers of Antiquity appear every year. But if you go to a university library, you will usually find a shelf or two containing books on Epicureanism, and that’s for all those that were published in the past hundred years.
Epicureanism has been largely forgotten. And when it is mentioned, it is usually the distorted view that has been propagated since Antiquity that is being repeated. Epicureanism is said to be the philosophy of “Eat, drink and be merry because tomorrow you die.” An “Epicure” is a depraved and irresponsible individual only concerned with bodily pleasures. In Austrian terms, we would say he has very high time preference.
I even read in an article posted on LewRockwell.com that the unbridled hedonism of the Epicureans played an important role in the transformation of ancient Rome from a republic to an empire. There is not a shred of historical evidence that they had that kind of influence, and Epicureans were not a licentious lot anyway. On the contrary, their goal was tranquility of mind. For them, it is true, all pleasures were good, including those of the body. But they tried to attain happiness by planning their lives in the long term in the most rational way possible.
Epicurus’ ethics can be summed up by this sentence from his Letter to Menoeceus: “For it is not drinking bouts and continuous partying and enjoying boys and women, or consuming fish and the other dainties of an extravagant table, which produce the pleasant life, but sober calculation which searches out the reasons for every choice and avoidance and drives out the opinions which are the source of the greatest turmoil for men’s souls.”
Martin Masse, “The Epicurean roots of some classical liberal and Misesian concepts“, speaking at the Austrian Scholars Conference, Auburn Alabama, 2005-03-18.
June 24, 2018
QotD: Ludwig von Mises and Epicureanism
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