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: THe Constitution of Liberty
The Constitution of Liberty, by F. A. Hayek
Posted in Austrian Economics Also tagged Adam Smith, Edmund Burke, F. A. Hayek, Irving Kristol 4 Comments
Extraordinary Times Requires…Well Ordinary Economics
Post by Dr. Peter Boettke I remained amazed concerning the mass hysteria of my chosen profession in times of adjustment. Why do we even talk of “depression economics” as if the lessons of economic science drastically change? Would it make sense to talk of “depression physics” or “depression biology”? Wouldn’t the teachings of physics and [...]
