Reviewed by Irving Kristol From issue: April 1960 It is generally forgotten that Edmund Burke and Adam Smith were both Whigs. In our textbooks of political theory, they are segregated from, and opposed to, one another: the romantic exponent of tradition, authority, and the organic community, as against the individualist liberal who believed in laisser-faire. [...]
Tag Archives: F. A. Hayek
The Constitution of Liberty, by F. A. Hayek
The Personal Is the Political: Who makes the tradeoffs?
By Steven Horwitz • Posted February 11, 2010 on The Freeman In the last couple of decades, one of the most popular political slogans on the left, especially among feminists, has been: “The personal is the political.” For feminists the phrase is invoked to point out that the personal choices women make — for example, [...]
Lost Wisdom: Gustav Cassel on Economic Planning
By Steve Horwitz: Posted on the Coordination Problem Blog Site. This is from a 1934 Cobden Memorial lecture of Gustav Cassel’s entitled “From Protectionism through Planned Economy to Dictatorship”: Planned economy will always tend to develop into Dictatorship…[because] experience has shown that representative bodies are unable to fulfill all the multitudinous functions connected with economic [...]
The Role of Private Property in a Free Society
By Peter Boettke, Ph.D. “The true foundation of republican government is the equal right of every citizen in his person and property and in their management.” –Thomas Jefferson to Samuel Kercheval, 1816. Few concepts have been more important for human survival, yet maligned as unjust by intellectuals, as the concept of private property rights. Since [...]
Time for U.S. to declare bankruptcy
Scott Beaulier, and , Peter L. Boettke, Commentary: East Valley Tribune.com November 16, 2009 – 11:47AM The Treasury Department — whose mission has ostensibly expanded to include management of government finances, the promotion of economic growth and stability, and the provision of safety, soundness, and security in financial systems — will hit its debt ceiling [...]
A Legacy of Freedom – A Video Tour Of FEE
The Foundation for Economic Education (FEE) is proud of its sixty-three-year history of presenting the moral and economic foundations of a free society to audiences around the world. Our friends think of us first and foremost for our principles but for those who have visited our headquarters or attended a seminar there, the building from [...]
Ought Implies Can
By Steven Horwitz • The Freeman, April 2009 • Volume: 59 • Issue: 4 One of the most common objections to free markets is that they ignore ethical considerations. In particular, critics argue that there are many things we “ought” to do that they believe will make people’s lives better off. We ought to “redistribute” [...]
On the Austrian Theory of the Trade Cycle, Part I
If you really want to understand the causes of the boom and bust cycles of our economy you need to study the Austrian schools, theory of the trade cycle. Donald Boudreaux, chairman of the economics department at George Mason University, does an excellent job of boiling it down, for the non-economist, into the basic concepts [...]
“This Isn’t Socialism Where Headed To, But It May Very Well Be the Other 20th Century “ism”
For Freedom’s Sake was launched with a commitment to bring our readers the best and most thoughtful analysis which will help you navigate through the fog of the political rhetoric that obfuscates the loss of our freedoms as government, of any stripe, encroaches upon them. In that vein, I must recommend that you read Dr. [...]


