Monday , December 9 2019
Home / Tag Archives: Philosophy of Freedom

Tag Archives: Philosophy of Freedom

Quotation of the Day…

… is from page 267 of Frank Knight’s 1956 collection, On the History and Method of Economics; specifically, it’s from Knight’s 1950 Presidential address to the American Economic Association, titled “The Role of Principles in Economics and Politics” (original emphasis): The supreme and inestimable merit of the exchange mechanism is that it enables a vast number of people to cooperate in the use of means to achieve ends as far as their interests are mutual, without arguing or in any way...

Read More »

Some Links

George Will rightly – and devastatingly – criticizes Sen. Marco Rubio for “joining anti-capitalist conservatives.” A slice: Rubio serves in a legislature whose constant resort to funding the government with continuing resolutions testifies to its incompetence concerning even its most elemental function: budgeting. Yet he expects this government to wisely define the “common good” and deftly allocate wealth and opportunities accordingly. John Samples is, like George Will, dismayed by the...

Read More »

Quotation of the Day…

… is from page 329 of William Leggett’s December 3rd, 1836, Plaindealer essay, “Thanksgiving Day,” as this essay is reprinted and titled in Democratick Editorials, Lawrence H. White, ed. (Indianapolis: Liberty Fund, 1984) (original emphasis): No one can pay the most cursory attention to the state of religion in the United States, without being satisfied that its true interests have been greatly promoted by divorcing it from all connexion with political affairs…. In this city alone [New...

Read More »

Some Links

Shikha Dalmia argues that Trumpism increases Americans’ likelihood of embracing policies of the sort peddled by Bernie Sanders and Elizabeth Warren. A slice: Socialism subordinates the interests of individuals in the name of a utopian egalitarianism, producing terrible results wherever tried. And yet it manages to seduce people because it purports to advance a just society. But America First dispenses with notions like justice. It has a zero-sum Hobbesian view of the world where one...

Read More »

Support Teaching, Research, and Outreach that Champion a Society of Responsibility, Prosperity, and Freedom

To Cafe Hayek’s very much appreciated patrons: Every year at this time I – like many others – impose on your generosity. I do so by asking you to consider including the Mercatus Center at George Mason University in your end-of-year giving plans. A financial contribution to the Mercatus Center at GMU helps not only to maintain, but to strengthen, the great bastion of sound economic thinking, teaching, research, scholarship, and public engagement that is uniquely GMU Econ. It helps also to...

Read More »

Pittsburgh Tribune-Review: “A most illiberal sentiment”

My Pittsburgh Tribune-Review column of November 28th, 2006, was written in honor of Milton Friedman, who died earlier that month. It’s titled “A most illiberal sentiment” and appears beneath the fold. (For some reason, this column is not available on-line.) A most illiberal sentiment In a wonderful tribute to the late Milton Friedman, former Treasury Secretary Lawrence Summers wrote in The New York Times of growing up “in a family of progressive economists, and Milton Friedman was a...

Read More »

Quotation of the Day…

… is from page 134 of Gertrude Himmelfarb’s superb 1952 biography of Lord Acton, Lord Acton: A Study in Conscience and Politics (footnote excluded; Himmelfarb here quotes Acton from the latter’s February 26th, 1877, address to the Bridgnorth Institute, “The History of Freedom in Antiquity“:​ In the zeal for the popular interest, however, there was no provision for the unpopular, and the minority soon found itself at the mercy of the majority. The people, now sovereign, felt themselves...

Read More »

Some Links

George Will is correct that Elizabeth Warren in many ways has become the Trump of the political left. Here’s his conclusion: Her cachet has been intellectual gravitas, supposedly demonstrated by blueprints for refurbishing everything. Suddenly, “the thinking person’s Bernie Sanders” seems more like progressivism’s Trump, exacerbating social hostilities and playing fast and loose with facts. Markets, for which Warren has minimal respect, are information-generating mechanisms, and...

Read More »