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Hayek’s Tragic Capitalism

Best known for his anti-socialist polemic The Road to Serfdom (1944), the economist and political philosopher Friedrich A. Hayek is often thought by foe and friend alike to have offered a plain and striking argument for capitalism: the least deviation from laissez-faire is the first falling domino that will inevitably lead to totalitarianism. The foes and…

How Adam Smith would fix capitalism

Jesse Norman in the FT. Look out for the forthcoming symposium on Jesse’s soon-to-be released book in C+T. The real Adam Smith is a vastly wiser and more subtle thinker. He forces us to discard the usual simplistic slogans and tired clichés. But more than this: he still has a vast amount to teach us,…

Is Technology Killing Capitalism?

Now isn’t this an interesting title? Well, as I discovered a few weeks back when Sam Harris chatted with Eric, EW comes to things with a very provocative, wise, technically sound and cultured background. The cross hair of software . . . pushes private goods into public goods Artificial intelligencecapitalismEconomicsEPISTEMEEric Weinsteinexpertiseinnovationmathematicssam harristechne