Here we have the heart of the difference between Hayek and Keynes: one knew that markets work to give us the best of all possible worlds, while governments create and exacerbate malfunctions; the other imagined that governments were somehow capable of both perceiving and correcting malfunctions by means of the printing press, provided the right technocrats are in charge.
Jeffrey TuckerMorals do not come from the state and society. Morality deals with weightier matters that measure our thoughts, words, and deeds against universals that are true regardless of time and place.
Jeffrey TuckerHere we have the heart of the difference between Hayek and Keynes: one knew that markets work to give us the best of all possible worlds, while governments create and exacerbate malfunctions; the other imagined that governments were somehow capable of both perceiving and correcting malfunctions by means of the printing press, provided the right technocrats are in charge.
Jeffrey TuckerThe primary contribution of government to this world is to elicit, entrench, enable, and finally to codify the most destructive aspects of the human personality.
Jeffrey TuckerThe goal of intellectual life should be to see and understand what is true, not merely to adhere to a prevailing orthodoxy.
Jeffrey TuckerI'm not for pretending that bad stuff doesn't exist, and a passion for justice and truth is a libertarian trait. But the idea of liberty should also reveal new forms of beauty in the world, astonishing evidence of order without dictate, lovely examples of innovation without planning, and other magical things. Surely these deserve some attention too.
Jeffrey Tucker