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Hayek’s Biggest Ideas

Hayek’s Biggest Ideas

Five of Hayek's Biggest Ideas F. A. Hayek has had a lot of great thoughts.  I'd thought it would be useful to layout 5 of Hayek's biggest Ideas. Friedrich August von Hayek (1899-1992) is today glorified by freedom lovers all around the world. The Austrian in a double...

Adam Smith Quotes

Adam Smith Quotes “No human wisdom or knowledge could ever be sufficient [for] the duty of superintending the industry of private people..." Smith is most famous for articulating how the “invisible hand” of market interactions can coordinate a society based upon...

Fractal Politics

Fractal Politics “The rise of fractal politics” was first submitted to the Nine Dots Prize in response to the question, “Are digital technologies making politics impossible?” The essay was written as a thought piece prior to the announcement of the 2017 UK General...

Ernst Friedrich Schumacher

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...

Economic Thinkers

Economic Thinkers   A. R. J. Turgot (1727-1781) French author of Reflections 1766, established marginal utility analysis, physiocrat. Adam Smith (1723-1790) Scottish author of The Wealth of Nations 1776, developed free trade theory and an appreciation for the...

Adam Smith

Adam Smith

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

Cartesianism

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,...

Individualism: True and False | F. A. Hayek

Individualism: True and False | F. A. Hayek

Du dix-huitième siècle et de la révolution, comme d’une source commune, étaient sortis deux fleuves: le premier conduisait les hommes aux institutions libres, tandis que le second les menait au pouvoir absolu. —Alexis de Tocqueville. 1 TO ADVOCATE any clear-cut...

A Hayekian Case for Free Markets and a Basic Income

A Hayekian Case for Free Markets and a Basic Income

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...

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