My colleague David Levy recently alerted me to a discussion in Rawls’s Lectures on the History of Political Philosophy (2007, p. 162) on the intellectual relationship between economists and philosophers. As Rawls points out Hume and Smith were both utilitarian philosophers and economists, and the same is true for Bentham, James Mill, John Stuart Mill and [...]
I wasn’t much of a student in HS and before — my attentions were directed elsewhere — but I had a few highlight moments where the material and ideas being discussed excited my imagination: freshman biology, sophomore geometry, senior history and senior english. In that english seminar we read Albert Camus, The [...]
On p. 272 of Anarchy, State and Utopia, Nozick writes the following:
Economically well-off persons desire greater political power, in a nonminimal state, because they can sue this power to give themselves differential economic benefits. Where a locus of such power exists, it is not surprising that people attempt to use it for their own [...]
Today we will be discussing the contributions of Robert Nozick to modern social philosophy and political economy. It is my impression, perhaps wrong, that most philosophers and political theorists focus on Nozick’s “rights theory” and his rights-based arguments against Rawlsian social justice.
I don’t deny that such a reading makes sense, but I [...]
I am in the midst of finishing off a draft of a paper on Henry Hazlitt for a conference at Duke next month. The conference is on the Economist as Public Intellectual, and what I am doing is reversing that and discussing the case of a Public Intellectual as an Economist. Hazlitt, in my opinion, [...]
Capitalism and Freedom was published in 1962 without much fanfare, though it has since stood the test of time. But Free to Choose was an international sensation when it was published in 1980. Among economists of a certain generation, they find Capitalism and Freedom the more tightly reasoned book, and [...]
Last week in my Constitutional Economics class we discussed Hayek’s The Constitution of Liberty (1960). My favorite chapter in that book is Chapter 2, “The Creative Powers of a Free Civilization.” Hayek argued that “Liberty is essential in order to leave room for the unforeseeable and unpredictable; we want it [...]
I am teaching a course this term which is basically an examination of modern libertarian political philosophy and political theory for PhD students in economics. But, I am also teaching an advanced topics course in economic theory for PhD students this term. In the first course, we have so far discussed the evolution of the [...]
I want to thank Matt for the invitation to blog through the semester at BHL. And contrary to Steve Horwitz’s depiction I don’t roll my eyes at the phase “bleeding heart libertarianism” but at the state of intellectual play in academia, and our broader intellectual culture, that makes the introduction of such an [...]
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