Excerpt From An Inquiry Concerning ‘Reason’

For some enlightenment philosophers (namely, Hume, Locke, and Smith) conformity to ‘Reason” included prioritizing the discovery and observance of a widely shared system of implicit behavioral rules. The justification for giving such rules primacy over those which could be derived from alternative sources – e.g. the creative intellect2 – though not often stated (conceivably owing to […]

Rampant Ingratitude Is Fostering Social Deterioration

The Incompatibility of Totalitarianism And Religion Religion claims to provide a point of reference by which the individual can anchor his attitude towards external circumstances. Belief in such a point of reference supplies him with the confidence necessary to execute judgement and make decisions in the world. This appears to explain, at least partly, why […]

Revisiting The Road to Serfdom | Part II : Hybridized Economies and Squabbling Planners

Are freedom and organization compatible principles? In other words, can competitive capitalism and centralized planning prosper simultaneously? These questions present, in a nutshell, the overarching theme of the third chapter of The Road to Serdom (1) titled “individualism and collectivism.” Hayek begins by informing the reader that there are many socialists who are all but […]

Revisiting The Road to Serfdom | Part I

Part II : https://onlookers.news/2021/01/25/revisiting-the-road-to-serfdom-part-ii-hybridized-economies-and-squabbling-planners/ Originally published in 1944, Friedrich Hayek’s The Road to Serfdom is a grave and persuasive warning against the practice of interventionism and – of a more onerous nature – command economies. Hayek felt urged to express his doubts and criticisms of governments who take these routes, claiming particularly, that they would […]