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Summary of Deirdre McCloskey & Alberto Mingardi's The Myth of the Entrepreneurial State
Please note: This is a companion version & not the original book. Sample Book Insights: #1 The entrepreneurial state has a economic theory behind it. Outside the office of Google in Mountain View, California, the public road is said to be necessary for cars to drive into Google’s parking lot. #2 The most ardent recent partisan of statism and the entrepreneurial state is Mariana Mazzucato. She has been parachuting herself into the center of the debate about the role of state planning versus private profit-making for innovation and allocation. #3 The opposite of liberalism is statism. The economist’s statist and Keynesian theory was expressed most influentially in the dominant elementary economics textbook of the age, by Paul Samuelson, in all of its numerous editions since 1948. #4 Economists are mostly statists, which means they believe in the primacy of coerced behavior in laws by the State, versus voluntary behavior in markets by people. They believe that it is always COVID-19 time for anything, and that the State should regulate all sorts of private matters.
Herbert Spencer
This is volume 18 in the Major Conservative and Libertarian Thinkers series.
The Myth of the Entrepreneurial State
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...
Show and Biz
How is capitalism represented in popular culture today? Are profits seen as a legitimate reward of entrepreneurship? Are thrift and effort still considered a cornerstone of a healthy society? Or is it that inequalities are eliciting scandal and reproach? How is the ecosystem portrayed, vis-à-vis profit seeking companies? Are they irreconcilable, or maybe not? Are there any established trends with respect to the presentation of entrepreneurship, and that complex legal artefact that is the modern limited liability company? These are questions that will be at the core of this book. But they are not examined through the usual theoretical point of references, but looking at TV series produced in 2000-2020. Each chapter of this book is a case studies, covering some of the most popular, successful and engaging TV shows of the last 20 years. And showing how deep economic ideas and biases lie, at the roots of some of our times' most successful entertainment products.
The Liberal Heart of Europe
Was the European Union ever a liberal dream? How did the common market impact the liberalization in its member states? Has the EU fostered more or less economic freedom in the Old Continent? This book explores the intellectual and political genesis of the European Union, focusing especially on its relationship to classical liberalism. It explains how the new enthusiasm for liberalization associated with Reagan and Thatcher helped revive the European project in the 1980s, while providing some insights on the current challenges Europe is facing as a result of the financial crisis and the Covid-19 pandemic. The contributors highlight the role of liberal, pro-market ideas played in shaping the EU, the single market and the euro, and how these should be coming into play again if the European project is to be reanimated. This volume originates from a conference the Italian think tank Istituto Bruno Leoni hosted in 2019 and is dedicated to Alberto Giovannini (1955-2019). Giovannini was an influential macroeconomist and financial economist. His vast legacy of studies and ideas prompted this book in his honor, on the occasion of his untimely passing away.
Europe, Switzerland and the Future of Freedom
Switzerland is often dismissed as a quaint anachronism, fated sooner or later to join top-down, large, supra-national organizations like the European Union. But Switzerland has been, throughout her history, a laboratory for self-government and individual liberty. Her unique status in Europe and in the world can offer valuable insights into how we can nurture freedom, encourage prosperity and preserve a proper set of checks and balances in political institutions. This book deals with these and many other issues. Its authors delve into subjects such as the nature of capitalism, the relevance of small states to preserve human liberty, the future of the welfare state, the consequences of financi...
Classical Liberalism and the Industrial Working Class
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.
The Constitution Under Social Justice
Antonio Rosmini-Serbati (1797D1855) was one of the first natural law scholars to bring natural law thinking into a conversation with the market economic order that was beginning to emerge in Europe in the 19th century. His reflections on matters such as the origin, nature, and limits of private property, the role of the state, and the nature of human reason show him to be a unique, innovative thinker who nonetheless was determined to work within the parameters of Catholic doctrine. Many of these ideas are concretized in his seminal work The Constitution Under Social Justice, a text that has profound instights to offer those today seeking to integrate theology, philosophy, and economics into their conceptions of a social order that aspires to be both free and just.
Freedom from Fear
"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...
