It’s Time to Reclaim the Meaning of Liberalism
Intrigued by the wisdom I gained from Hayek and determined to keep my momentum and excitement for reading economic texts, I made the decision to tackle another economic philosopher: Ludwig von Mises.
Entries by Brittany Hunter
The Road to Individualism: Personalized Education Not One-Size-Fits-All
In 1944, economist philosopher F.A. Hayek published his book The Road to Serfdom. The pages of this classic work warn of the dangers our civilization is sure to meet if we continued to subscribe to collectivist ideologies, both in economics and politics.
Without Spontaneous Order, Ridesharing Would Never Exist
Spontaneous order is the belief that when individuals are left to their own devices, they will organically create order out of chaos.
How Permissionless Innovation Is Making Health Care Affordable
The more government involves itself in health care, the harder it becomes to find quality services at affordable prices. As the state has inserted itself more heavily into the health sector over the last several years, many Americans are left searching for alternatives to traditional services.
Free Market Competition Makes the World Go Round
The smartphone generation found a way to improve both the quality and cost of the services historically rendered by the cab industries.
The Sunk Cost Fallacy and the Price of Foreign Policy
There are innumerable reasons to oppose any continuation or escalation of the American occupation of Afghanistan. But disregarding the most important deterrent, the loss of human life, and even more specifically, innocent civilian life, there is one economic principle that screams out from the text of a recent Trump’s speech on America’s involvement in Afghanistan: The sunk cost fallacy.
When Musicians Feud, Consumers Are the Real Winners
Last week, Taylor Swift’s new album officially became available on all streaming platforms. This may not seem like exciting news. After all, most albums are available on Spotify. And, the album was already released for purchase almost a month earlier.
Preface: Why I Chose to Live-Blog The Road to Serfdom
There can be no denying the important role that F.A. Hayek’s The Road to Serfdom has played on the study of free market economics. And while the book is responsible for swaying public opinion and presenting an alternative to centrally planned economies, the book was written in such a way that may be hard for many modern readers to comprehend. And many suspect that Hayek may have actually intended the book to be this way.
The Fight Continues: Keynes and Hayek on Spending
John Maynard Keynes and F.A. Hayek were both influential men of their time. But, as discussed in the first two parts of this series, they both had very different views on how the economy should operate.
The Fight Continues: Keynes and Hayek on Planned Economies
As touched upon briefly in the first part of this series, 20th-century economists F.A. Hayek and John Maynard Keynes did not agree on much. And while a lot has happened since these two men were alive and actively writing and speaking about economic philosophy, the two men’s influence on the national economy can still be seen and felt today.
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