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This book considers the relationship between Hayek and Mill, taking issues with Hayek's criticism of Mill and providing a broader perspective of the liberal tradition. Featuring contributions from the likes of Ross Emmett, Leon Montes and Robert Garnett, these chapters ask whether Hayek had an...
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Frank H. Knight was co-founder of the “Chicago School”. He was, first and foremost, a teacher; a theorist and author second. His work is scattered across many economic journals in essay-form standing on the base of Risk, Uncertainty and Profit, published in 1921. Within the economic world...
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. It is not, and cannot be, a science. The authors explain why classical liberal economists understood this essential … difference, why modern economists abandoned it, and why now is the time for the profession to return to its classical liberal … roots. Carefully distinguishing policy from science and theory, classical liberal economists emphasized values and context …
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