In November, 1977, on a still-sticky evening along Louisiana’s Gulf Coast, the Austrian economist and philosopher Friedrich Hayek boarded a flight bound for Chile and settled into his seat in first class. He was headed to the Valparaíso Business School, where he was scheduled to receive an honorary degree.
During a reading project I undertook to better understand the “third wave of democracy” — the remarkable and rapid rise of democracies in Latin America, Asia, Europe and Africa in the 1970s and 80s — I came to realize that this ascendency of democratic polities was not the result of some force propelling history toward its natural, final state, as some scholars have argued.