Sunday, September 18, 2011

More on Hayek

Powerline's new regular contributor Steve Hayward turns out to be a Friedrich Hayek acolyte which accounts for his refreshing common sense on matters economic and in general.  In this post Hayward quotes Hayek on the subject of the indivisibility of freedom and how liberals try to compartmentalize it into that of speech and economic activity, supporting the former and regulating the latter.  As Hayward points out, Hayek condemns this position as a contradiction which accounts for the liberals embrace of collectivism and socialism over the years.  The indivisibility of these two freedoms. if you will, goes to the heart of the Austrian's school of economics.

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