Sublime
An inspiration engine for ideas
Though Hayek’s readings of Smith may have been opportunistic, they were not inaccurate.24 He was careful to distance his interpretation of Smith from those he found to be reductive or dogmatic. His interest in Smith’s works and their prominence stemmed, above all, from his impulse to lay the epistemic foundations for a social theory of markets and
... See moreGlory M. Liu • Adam Smith’s America: How a Scottish Philosopher Became an Icon of American Capitalism
Este tipo de capitalismo, inspirado en Milton Friedman y Friedrich von Hayek, invoca libertad económica y un Estado que regule lo menos posible, y se ha vuelto sinónimo de liberalismo económico en los últimos cuarenta años. Pero, a la vez, ha generado una contradicción inherente en el liberalismo.
Piero Ghezzi • El Estado Productivo
The private sector is vital for prosperity based on investment and innovation, but it cannot replace the public provision of public goods that are irreducible to profit.
Adrian Pabst • Postliberal Politics: The Coming Era of Renewal
Even in the capitalist West where they have tried throwing money at problems, what is the end result? You go down New York, Broadway. You will see the beggars, people on the streets. Worse than in the 1950s and in the early ’60s before the Great Society programmes. Why? Why did it get worse after compassion moved a President, motivated with a great
... See moreKuan Yew Lee • The Wit and Wisdom of Lee Kuan Yew
I ended up with a picture in my head of a market economy as a far-from-equilibrium communications network that uses prices to transmit information about wants and scarcities to people who make production and consumption decisions, exactly as Friedrich von Hayek [4] explained almost 90 years ago. That picture views economic activity is work produced
... See moreDr. John Rutledge • How to Think About the Deficit, the National Debt, and Interest Rates
Les constitutionnalistes s’emploient à appliquer consciencieusement les travaux de Hayek, non pas ceux des années 1930, mais ceux ultérieurs. À partir du début des années 1960, Hayek envisage en effet la rédaction de constitutions comme moyen d’ancrer les libertés économiques, contre les tentatives des assemblées législatives d’adopter des
... See moreQuinn Slobodian • Les Globalistes: Une histoire intellectuelle du néolibéralisme (French Edition)
Hayek thought that extending the norms of the family to society at large would put us on the road to tyranny.
Russ Roberts • How Adam Smith Can Change Your Life: An Unexpected Guide to Human Nature and Happiness
As we have said at several points, government’s principal economic function from the perspective of those who pay the taxes is to provide protection of life and property. Yet the government often operates like organized crime, extracting resources from people within its sphere of operations as tribute or plunder. Government is not only a protection
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