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Gray assesses Hayek’s life and work. For those interested in the Encounter piece “My Cousin, Ludwig Wittgenstein” here it is. Equally, and perhaps also happily, Thatcher had no understanding of Hayek’s ideas. Austrian EconomicsConservatismdispersed knowledgedistributed knowledgeFree marketFriedrich Hayekjohn graykeynesLiberalismLibertyLudwig WittgensteinMargaret Thatchersocialism


Beyond Complexity: Can the Sensory Order Defend the Liberal Self?

Here are a couple of extracts from Chor-yung’s paper: Friedrich Hayek’s social philosophy is one of the most systematic and sophisticated among the contributions made by 20th-century liberal thinkers. His defense of the free market and individual freedom and his critique of collectivism of various kinds are mainly based on his epistemological theses, which in…


Morals and markets

Sandel plugging his latest. The journalist’s quote below has much resonance to me. Even to a toddler’s mind, the logic of the transaction was evidently clear – if he had to be bribed, then the potty couldn’t be a good idea – and within a week he had grown so suspicious and upset that we…


Science, the Market and Iterative Knowledge

The second paper co-authored with Dave Hardwick has now been published in Studies in Emergent Order: Abstract: In a recent paper (Hardwick & Marsh, in press) we examine the recent tensions between the two broadly successful spontaneous orders, namely the Market and Science. We argued for an epistemic pluralism, the view that freedom and liberty…