The growth of the democratic welfare state has been accompanied by significant restrictions on individual liberty, raising doubts about the sustainability of the ideals of liberalism in democratic polities. The principal claim of this paper is that, adequately understood, liberalism and...

This paper argues that an evolutionary approach to policy-making, which emphasizes openness to change and political variety, is particularly compatible with the central tenets of classical liberalism. The chief reasons are that classical liberalism acknowledges the ubiquity of uncertainty, as...

This paper contextualizes the early political economy of Austrian economist and social philosopher F. A. Hayek in the intellectual milieu of German ordoliberalism. It argues that the particular urgency during the 1930s and 1940s to preserve and stabilize the disintegrating orders of economy and...