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This essay accepts the normative vision Richard Epstein sets forth in The Classical Liberal Constitution, but refracts that vision through some considerations of positive political economy. In response to a questioner who asked at the conclusion of the Constitutional Convention what kind of...
Persistent link: https://www.econbiz.de/10013060247
The 1933 “Mock Trial of the Economists” is occasionally noticed and then interpreted as popular discontent with economists's “crime” of “conspiracy to spread mental fog” at evidenced by the dueling letters from the Oxbridge economists (Keynes, Pigou, et al.) and the LSE economists...
Persistent link: https://www.econbiz.de/10013060248
Thomas Piketty’s Capital and Ideology (2020) offers a powerful critique of ideological justifications for inequality in capitalist societies. Does this mean we should reject capitalist institutions altogether? This paper defends some aspects of capitalism by explaining the epistemic function...
Persistent link: https://www.econbiz.de/10013214659
This paper explores the interventionist mindset required for success under the U.S. government's foreign policy strategy of liberal hegemony. This approach to foreign policy contains an inherent tension. Its adherents claim a commitment to liberal values but successfully implementing the...
Persistent link: https://www.econbiz.de/10013002491
Armed with a set of economic theories and a desire to influence policy and improve lives, behavioral economists have developed a doctrine variously referred to as libertarian, light/soft, or asymmetric paternalism, and a series of policy proposals collectively referred to as the nudge agenda. To...
Persistent link: https://www.econbiz.de/10013026059
This essay is a response to five essays that collectively constituted a symposium sponsored by Studies in Emergent Order on my 2010 book, Mind, Society, and Human Action: Time and Knowledge in a Theory of Social Economy. This essay offers individual reactions to each of the five contributors...
Persistent link: https://www.econbiz.de/10013111120
In “The Soul of Classical Liberalism” (2000), James Buchanan argues that modern advocates of the liberal order must … “saving the soul” of liberalism. The prospects for establishing a genuine liberal order turn on capturing the intellectual … Soul of Classical Liberalism” (2000); and “Afraid to Be Free” (2005) …
Persistent link: https://www.econbiz.de/10013081662
This text was the basis for a presentation of the book Knowledge and Coordination: A Liberal Interpretation (Oxford University Press, 2012). The lecture discusses the richness of knowledge, the distinction between concatenate and mutual coordination, and the relation of these to a liberal...
Persistent link: https://www.econbiz.de/10014170985
Inventing the Individual: The Origins of Western Liberalism. The document contains a link to the set of videos online …
Persistent link: https://www.econbiz.de/10014095133
liberalism. I deal disproportionately with Burke, to tussle with two sets of imagined interlocutors, one on Burke as liberal, and …
Persistent link: https://www.econbiz.de/10014101744