Category Archives: Classical Economics

Boettke on Hayek’s legacy part 2

The third tension that Boettke identified in the final chapter on The Hayekian Legacy is between moral intuitions and moral demands. This is one of the topics that Boettke would like to see pursued to realise the potential of the … Continue reading

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Boettke on the Hayekian legacy

The final chapter is The Hayekian Legacy. A reminder that students may be able to obtain the book at a reduced rate . However, you are able to get the book at a discount for personal use, and if your … Continue reading

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Boettke on Hayek and Market Socialism

Recapitulating the story of Boettke on Hayek so far. The purpose of the book is to show how Hayek rose to some of the great challenges to good economics and classical liberalism. The main theme of the story is the … Continue reading

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Boettke and the Hayekian tapestry

Chapter 2 of Boettke’s book is an overview of Hayek’s major contribution across several disciplines and seven decades. The scope approaches the record of his slightly younger contemporary Jacques Barzun (1907-2012) who published some 40 books from the 1930s into … Continue reading

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Adam Smith was hardly a neoliberal?

There is a little gem of a review of a new biography of Adam Smith in The Weekend Australian Review section. You probably threw it out on Saturday but it lingered on the kitchen table here and it came to … Continue reading

Posted in Classical Economics, Rafe | 4 Comments

Boettke on Hayek and Hayek in Australia

The new book on Hayek by Peter Boettke is a good read if you like that kind of thing. Gerard Henderson once reminded me that not everyone goes on holiday with a Hayek book and the latest issue of the … Continue reading

Posted in Classical Economics, Cultural Issues, Rafe | 5 Comments

The first fair and deliberate exchange in world history

From The Wealth of Nations: “Nobody ever saw a dog make a fair and deliberate exchange of one bone for another with another dog. Nobody ever saw one animal by its gestures and natural cries signify to another, this is … Continue reading

Posted in Classical Economics, Market Economy | 8 Comments

The Essential Hayek

With some handy videos, presented by Don Boudreaux of Café Hayek. The site: download a free PDF of the book and a colour picture of Hayek!

Posted in Classical Economics, Rafe | 2 Comments

Richard Lipsey and electricity etc.

The Canadian Richard Lipsey is the author of a well-known multi-edition economics textbook and he also worked on general purpose technologies (GPT). These are innovations that have transformative effects like the wheel, the internal combustion engine and electricity. There are … Continue reading

Posted in Classical Economics | 6 Comments

Peter Boettke on F A Hayek

Peter Boettke is a prolific writer and a Professor of Economics and Philosophy at the George Mason University at Fairfax, Virginia. He was elected President of the Mont Pelerin Society for 2016-2018. He has written a major work on the … Continue reading

Posted in Classical Economics, Market Economy, Philosophy, Rafe | 6 Comments