Despite the fact that today only very few still regard the old socialist ideas with nationalization ofenterprises and central planning as a way to promote more efficient production, greater equality, or a more “just” distribution of income some of its conceptions nevertheless seem to have...

Examines the social aspects of the compatibility of public academic education with the principles of a free society. Discusses state education with regard to “equal treatment for all” and the question of who will benefit from such treatment.

Examines the social aspects of the compatibility of public academic education with the principles of a free society. Discusses state education with regard to “equal treatment for all” and the question of who will benefit from such treatment.

The quite difficult task of comparing Hayek's and Schmoller's concept of social policy can only be attempted by confining the discussion to the dominant and basic principles of their prevailing ideas. The reasons are manifold. Just one of them for instance is that Schmoller, as far as I can see,...