Hayek, Friedrich A. (1952). Individualism: True and False, https://economicslearning.net/economic/economics-foundations/economics-thinkers/f-a-hayek/individualism-true-and-false-f-a-hayek/ It is the contention that, by tracing the combined effects of individual...
In his PDF Milton Friedman lays out his argument for why Government is the Problem. I disagree Friedman Claims that Government causes, deteriorating education, lawlessness and crime, homelessness, the collapse of family values, the crisis in medical...
When one looks at the downward trend of Cable TV, it looks like a great example of “creative destruction.” This media evolution is a great deal for consumers and content creators alike. For more than a quarter-century, we’ve been hearing predictions about the demise...
“It must be remembered that there is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than a new system. For the initiator has the enmity of all who would profit by the preservation of the old institution and merely lukewarm...
Nock and Mencken on Democracy and Equality Albert Jay Nock (1870–1945) and Henry L. Mencken (1880–1956) were the two leading libertarian intellectuals of the Old Right, during the thirties of the twentieth century. Both defended laissez-faire but opposed the New Deal,...
Hayek on Health Care and Other Social Safety Nets This lesson is on how Hayek views Health Care and other Social Safety Nets. The following passage is taken from The Road to Serfdom, Text and Documents, The Definitive Edition, by F. A. Hayek, edited by Bruce Caldwell,...
Lesson on Federalist Paper #10. What are Factions and why are they important. Madison lays out a great strategy to achieve political stability.
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He says Ford proved that higher wages led to more productivity, which in turn was good for business. That positive feedback loop gave rise to a broad, prosperous middle class. But over the years, waves of economic pressures and political changes have broken that link....
This essay by Matt Zwolinski provides a strong argument for a Hayekian Case for Free Markets how they fit into a stable economic system.
Some of Hayek’s biggest ideas including the Use of Knowledge in Society, The Road to Serfdom, and Individualism: True or False.
Ernst Friedrich Schumacher (16 August 1911 – 4 September 1977) was a German-British statistician and economist who is best known for his proposals for human-scale, decentralised and appropriate technologies.[1] He served as Chief Economic Advisor to the British...
This is an evergreen list of important economic thinkers. This list is dynamic and represents the important voices we need to study.
The Condensed Wealth of Nations and The Incredibly Condensed Theory of Moral Sentiments Eamonn Butler Contents 1 Introduction 4 2 The Condensed Wealth of Nations 7Book I: Economic efficiency and the factors of production 9Book II: The accumulation of...
Cartesianism, the philosophical and scientific traditions derived from the writings of the French philosopher René Descartes (1596–1650). Metaphysically and epistemologically, Cartesianism is a species of rationalism, because Cartesians hold that knowledge—indeed,...
According to Hayek, there are two opposing ideas about how to understand individuals and the society in which they live: true individualism and false individualism. These ideas permeate all social and political thought. They apply to beliefs about reason and knowledge, economics, justice, equality, power, tradition, marriage and family, and government.
Introduction If Friedrich Hayek is not in our discussions on how best to govern a community, he should be. Not only because his most popular book, The Road to Serfdom, was used by Reagan and Thacher to run a country (their own admission), but because he has a lot of...
The complete essay from F. A. Hayek called: “The Use of Knowledge in Society.” It is a fundamental document our Learning Network uses to process information