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A common narrative of the post-World War II economists was that the State is indispensable for guiding investment and fostering innovation. They claimed that the wealth of the modern world is the result of past State guidance and that what is needed for future economic growth is more State guidance. This position has recently been rejuvenated in reaction to the Great Recession of 2008. The truth is that the enriched modern economy was not a product of State coercion. It was a product of a change in political and social rhetoric in northwestern Europe from 1517 to 1789. The Great Enrichment, that is, came from human ingenuity emancipated from the bottom up, not human ingenuity directed from t...
This is volume 18 in the Major Conservative and Libertarian Thinkers series.
Thomas Hodgskin (1787–1869) is today a largely unknown figure, sometimes considered to be a forerunner of Karl Marx. Yet a closer look at Hodgskin’s works reveals that he was actually a committed advocate of laissez-faire economics and enthusiastic about labor-saving machinery and the Industrial Revolution, with a genuine interest in the well-being of the working classes. This book places him in the tradition of classical liberalism, where he belongs—as a disciple of Adam Smith, but even less tolerant of government power than Smith was. Classical Liberalism and the Industrial Working Class: The Economic Thought of Thomas Hodgskin will be of interest to advanced students and scholars in the history of economic thought, economic history and the history of political thought.
A sweeping history of libertarian thought, from radical anarchists to conservative defenders of the status quo Libertarianism emerged in the mid-nineteenth century with an unwavering commitment to progressive causes, from women’s rights and the fight against slavery to anti-colonialism and Irish emancipation. Today, this movement founded on the principle of individual liberty finds itself divided by both progressive and reactionary elements vying to claim it as their own. The Individualists is the untold story of a political doctrine continually reshaped by fierce internal tensions, bold and eccentric personalities, and shifting political circumstances. Matt Zwolinski and John Tomasi trace...
Global War on the Human Brain Throughout the world, mental capacity is declining, especially among young people, while depression rates are rising dramatically. Meanwhile, one in forty men and women suffers from Alzheimer's, and the age of onset is falling rapidly. But the causes are not being eliminated, quite the opposite. Can this just be coincidence? The Indoctrinated Brain introduces a largely unknown, powerful neurobiological mechanism whose externally induced dysfunction underlies these catastrophic developments. Michael Nehls, medical doctor and internationally renowned molecular geneticist, lays out a shattering chain of circumstantial evidence indicating that behind these numerous ...
Once relatively confined to parts of Europe and North America, commercial societies are now found in many other cultures and continents. Yet despite the international spread and growth of commercial order, the moral, economic, and legal foundations of commercial society remain poorly understood, especially in those countries where it first took root. Guided by the thoughts of Alexis de Tocqueville, Samuel Gregg's The Commercial Society identifies and explores the key foundational elements that must exist within a society for commercial order to take root and flourish. Gregg studies the challenges that have consistently impeded and occasionally undermined commercial order, including the persistence of 'corporatist' values and political movements seeking to equalize social conditions. This book offers a historically-grounded analysis for modern audiences interested in philosophy or the history of economics.
Entrepreneurship in the Catholic Tradition is a theological and historical exploration of the treatment of entrepreneurship, business, and commerce in the teaching of the Roman Catholic Church. Moving from Scriptural exegesis to modern papal social encyclicals, Anthony G. Percy shows how Catholic teaching had developed profound insights into the ultimate meaning of entrepreneurship and commerce and invested it with theological, philosophical, and economic meaning that surpasses many conventional religious and secular interpretations. Entrepreneurship is illustrated as being as much a potential contributor to all-round integral human flourishing as it is to economic growth and development. In this sense, Entrepreneurship in the Catholic Tradition challenges the stereotype of the Catholic Church having a negative view of economic liberty and the institutions that enhance its productivity. Instead we discover a tradition in which first millennium theologians, medieval scholastics, and modern Catholic thinkers have thought seriously and at length about the character of free enterprise and its moral and commercial significance.
"A new history of liberalism which argues that liberalism has been predicated on definite morality and should be viewed as an attempt to encompass both fear and hope. Liberalism, argues Alan Kahan, is the search for a society in which people need not be afraid. Freedom from fear is the most basic freedom. If we are afraid, we are not free. These insights, found in Montesquieu and Judith Shklar, are the foundation of liberalism. What liberals fear has changed over time (revolution, reaction, totalitarianism, religious fanaticism, poverty, and now populism) but the great majority of liberal thinkers have relied on three pillars to ward off their fears and to limit the concentrated power that c...
This book offers an alternative view of the economy – and indeed, society – that does not rely on an ever-expanding government to address the problems which individuals typically face during their lives. The book is a Classical Liberal response to the way leading economies have been (mis)managed in the last three decades and the principles and models that have guided such policies, particularly since the outbreak of the Global Financial Crisis in 2007–09, which has resulted in enlarged government deficits and public debt, as well as more intrusive government regulation and virtually no economic growth. The book does not only criticise the current dominant view which favours ever-growin...