Thursday, July 23, 2015

Being A Good Hayekian

Excerpt from the article, "Being A Good Hayekian"(reference to the great Economist, F.A. Hayek):

"I mentioned that Hayek is on the edge of the libertarian tradition, brushing shoulders with Edmund Burke, the great conservative thinker. The biggest difference between Burke and Hayek—apart from Hayek being a much more rigorous, systematic thinker—is that where Burke wants us to trust tradition because doing so usually works for the best, Hayek advises only that we don’t throw out all our traditions at once and try to start fresh, as ocurred, for example, during the French Revolution."

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