Ralph Raico, New Individualist Review [1961]
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Harold Macmillan's Resignation in 1963 Plunged the Conservative
FEATURE A conference rememberto he 83rd annual Conservative Harold Macmillan’s resignation in 1963 plunged Party Conference opened in Blackpool on Wednesday, 9th the Conservative conference into chaos, as rivals October 1963. Unionists from Scotland and Northern Ireland scrambled for supremacy and old alliances broke mingledT happily with Conservatives from England and Wales, their fellow party down. By the end of the week, one man was left members, in a gathering of some 3,000. A convivial informality prevailed: Cabinet standing. Lord Lexden looks back on a dramatic ministers who wanted to make confidential telephone calls had to use the scrambler few days of Tory party history phone placed in the television room at the main conference hotel. There were no pushy lobbyists, no public relations executives, no trade stands. 36 | THE HOUSE MAGAZINE | 11 OCTOBER 2013 WWW.POLITICSHOME.COM Alec Douglas-Home leaves Buckingham Palace after being invited to form a government folowing the resignation of Harold Macmillan They had not yet traditional stage arrive to be greeted as a conquering hero been invented. Hours of rumour and management of and bring the conference to a conclusion. Almost the only speculation were followed by the conference His mastery of platform oratory could be outsiders were the remarkable scenes of drama, proceedings relied on to send the party faithful back representatives was undertaken to their constituencies with words of of the media, when the hall fell silent to with particular inspiration ringing in their ears. who were always hear the Prime Minister’s care to prevent Rarely have carefully laid conference admitted in the resignation letter public expression plans been more spectacularly upset. -
Review of George Reisman's Capitalism
LIBERTARIAN PAPERS VOL. 1, ART. NO. 14 (2009) A TREATISE FOR A NEW AGE IN ECONOMIC THEORY: REVIEW OF GEORGE REISMAN’S CAPITALISM WLADIMIR KRAUS* CAPITALISM: A TREATISE ON ECONOMICS. By George Reisman. Ottawa, IL: Jameson Books, 1996. THE BOOK UNDER REVIEW, Capitalism: A Treatise on Economics,1 has been in print since 1996. Its enormous size and the vast array of topics covered suggest enormous scholarship and devotion. Its expressed purpose is a thorough integration of leading economic phenomena into one unified theory of the market process. Yet virtually no serious attention on the part of academic economists has been paid to its many highly original contributions and bold challenges to received orthodoxy. This review aims at a compressed presentation and analysis of some of the book’s main contributions to political economy, and hopes thereby to kick off a rigorous discussion of its substantive ideas. To put the extent of George Reisman’s intellectual achievement into a single sentence: for a full understanding of economic institutions of capitalism the reading and very careful studying of his Capitalism: A Treatise on Economics is absolutely essential. Nowhere will one find a clearer, more comprehensive, more rigorous, more persuasive and thus exactly for these reasons absolutely enthralling description and explanation of all leading economic institutions of capitalism. *Wladimir Kraus ([email protected]) is a PhD candidate in Institutions, Economics, and Law at IEL-International Programme in Institutions, Economics, and Law, Collegio Carlo Alberto, Italy. CITE THIS ARTICLE AS: Wladimir Kraus, “A Treatise for A New Age in Economic Theory: A Review of George Reisman’s Capitalism,” Libertarian Papers 1, 14 (2009). -
Father of the House Sarah Priddy
BRIEFING PAPER Number 06399, 17 December 2019 By Richard Kelly Father of the House Sarah Priddy Inside: 1. Seniority of Members 2. History www.parliament.uk/commons-library | intranet.parliament.uk/commons-library | [email protected] | @commonslibrary Number 06399, 17 December 2019 2 Contents Summary 3 1. Seniority of Members 4 1.1 Determining seniority 4 Examples 4 1.2 Duties of the Father of the House 5 1.3 Baby of the House 5 2. History 6 2.1 Origin of the term 6 2.2 Early usage 6 2.3 Fathers of the House 7 2.4 Previous qualifications 7 2.5 Possible elections for Father of the House 8 Appendix: Fathers of the House, since 1901 9 3 Father of the House Summary The Father of the House is a title that is by tradition bestowed on the senior Member of the House, which is nowadays held to be the Member who has the longest unbroken service in the Commons. The Father of the House in the current (2019) Parliament is Sir Peter Bottomley, who was first elected to the House in a by-election in 1975. Under Standing Order No 1, as long as the Father of the House is not a Minister, he takes the Chair when the House elects a Speaker. He has no other formal duties. There is evidence of the title having been used in the 18th century. However, the origin of the term is not clear and it is likely that different qualifications were used in the past. The Father of the House is not necessarily the oldest Member. -
Michael Polanyi and Early Neoliberalism
MICHAEL POLANYI AND EARLY NEOLIBERALISM Martin Beddeleem Keywords: Friedrich Hayek, Louis Rougier, Michael Polanyi, Mont-Pèlerin Society, neoliberalism, planning, Walter Lippmann ABSTRACT1 Between the late 1930s and the 1950s, Michael Polanyi came in close contact with a diverse cast of intellectuals seeking a renewal of the liberal doctrine. The elaboration of this “neoliberalism” happened through a transnational collaboration between economists, philosophers, and social theorists, united in their rejection of central planning. Defining a common agenda for this “early neoliberalism” offered an opportunity to discard the old laissez-faire doctrine and restore a supervisory role of the state. Ultimately, post-war dissensions regarding the direction of these efforts led Polanyi away from the neoliberal core. Between the publication of his pamphlet on the failures of economic planning in the Soviet Union in 1936 (CF, 61-95) and that of The Logic of Liberty in 1951, Michael Polanyi progressively lost interest in chemistry and started to investigate the political and sociological conditions necessary to scientific freedom and the pursuit of truth. During that time, he became involved with a group of scholars who, equally, perceived the democratic collapse of Europe as a wake-up call for a restatement of its liberal tradition. Whereas the values of individual dignity and social progress that liber- alism carried were needed then more than ever, they agreed that the method to achieve these ideals had become obsolete. Therefore, they focused their efforts on revamping a science of liberalism, which could answer the scientific claims of plannism and totalitar- ian ideologies. Tradition & Discovery: The Journal of the Polanyi Society 45:3 © 2019 by the Polanyi Society 31 For two decades, Michael Polanyi took part in the inception and the consolida- tion of “early neoliberalism” (Schulz-Forberg 2018; Beddeleem 2019), a period that predates the later development of neoliberalism from the 1960s onwards. -
European Miracle” Warrior Aristocrats, Spirit of Liberty, and Competition As a Discovery Process
SUBSCRIBE NOW AND RECEIVE CRISIS AND LEVIATHAN* FREE! “The Independent Review does not accept “The Independent Review is pronouncements of government officials nor the excellent.” conventional wisdom at face value.” —GARY BECKER, Noble Laureate —JOHN R. MACARTHUR, Publisher, Harper’s in Economic Sciences Subscribe to The Independent Review and receive a free book of your choice* such as the 25th Anniversary Edition of Crisis and Leviathan: Critical Episodes in the Growth of American Government, by Founding Editor Robert Higgs. This quarterly journal, guided by co-editors Christopher J. Coyne, and Michael C. Munger, and Robert M. Whaples offers leading-edge insights on today’s most critical issues in economics, healthcare, education, law, history, political science, philosophy, and sociology. Thought-provoking and educational, The Independent Review is blazing the way toward informed debate! Student? Educator? Journalist? Business or civic leader? Engaged citizen? This journal is for YOU! *Order today for more FREE book options Perfect for students or anyone on the go! The Independent Review is available on mobile devices or tablets: iOS devices, Amazon Kindle Fire, or Android through Magzter. INDEPENDENT INSTITUTE, 100 SWAN WAY, OAKLAND, CA 94621 • 800-927-8733 • [email protected] PROMO CODE IRA1703 REVIEW ESSAY The “European Miracle” Warrior Aristocrats, Spirit of Liberty, and Competition as a Discovery Process F ANDREI ZNAMENSKI hile reading the news, I recently came across a small story with a photo, which produced more than forty thousand reposts and an avalanche of W comments in the Chinese blogosphere. On the way to an appointment, Gary Locke, the newly nominated American ambassador to China, was spotted at the Seattle–Tacoma International Airport by a Chinese American businessman who happened to know him and who snapped and posted on his blog a picture of the ambassador standing at a Starbucks’ counter, buying a cup of coffee and carrying a backpack. -
2013 Mont Pelerin Society Membership List
MONT PELERIN SOCIETY DIRECTORY- 2013 1 ARGENTINA Dr. Martin Krause _____________________ San Isidro, Buenos Aires Argentina Dr. Alberto Benegas-Lynch Jr. San Isidro, BU Argentina 2000 Eduardo Marty 1978 Buenos Aires Argentina Gerardo Bongiovanni 2004 Rosario, Santa Fe Argentina Maria Gabriela Mrad 2007 Buenos Aires Argentina Mr. Walter Castro 2002 Rosario, Santa Fe Argentina Professor Martin Simonetta 2011 Buenos Aires Argentina Mr. Eduardo Helguera 2011 Argentina 1988 _______________________________________________________ H = Home Phone O = Office Phone F = Fax 19/20_ = Year of Membership * = Past President MONT PELERIN SOCIETY DIRECTORY- 2013 2 Professor Hector Siracusano AUSTRALIA _____________________ Buenos Aires Argentina Dr. Tanveer Ahmed Drummoyne, NSW Australia 1994 Life Member 2011 Eduardo Stordeur Argentina DR. Janet Albrechttsen 2012 Sydney, NSW Dr. Esteban Thomsen Australia Martinez, Buenos Aires Argentina 2011 1988 Professor James Allan Mr Guillermo Yeatts Sherwood, Brisbane, QLD Australia San Isidro, Buenos Aires Argentina 2010 1998 Mr. David Archibald Dr. Meir Zylberberg Perth, WA Buenos Aires Australia Argentina 2011 1969 Life Member _______________________________________________________ H = Home Phone O = Office Phone F = Fax 19/20_ = Year of Membership * = Past President MONT PELERIN SOCIETY DIRECTORY- 2013 3 Prof. Jeff Bennett Ms. Juel Briggs Gladesville, NSW Gundaroo, NSW Australia Australia 2008 2011 Mr. Chris Berg Mr. Robert Carling Mosman, NSW Melbourne, VIC Australia Australia 2011 2011 Mr. James Cox PSM Dr. Peter J. Boxall AO Sydney, NSW Coogee, NSW Australia Australia 2011 2011 Dr. Jonathan Crowe T. C. Beirne School of Law- The Professor Geoffrey Brennan University of Queensland Canberra W232A Forgan Smith Building, St. Lucia Capus Australia Brisbane, QLD 4072 Australia 1987 2011 _______________________________________________________ H = Home Phone O = Office Phone F = Fax 19/20_ = Year of Membership * = Past President MONT PELERIN SOCIETY DIRECTORY- 2013 4 Michael Darling Mr. -
A Hayekian Theory of Social Justice
A HAYEKIAN THEORY OF SOCIAL JUSTICE Samuel Taylor Morison* As Justice gives every Man a Title to the product of his honest Industry, and the fair Acquisitions of his Ancestors descended to him; so Charity gives every Man a Title to so much of another’s Plenty, as will keep him from ex- tream want, where he has no means to subsist otherwise. – John Locke1 I. Introduction The purpose of this essay is to critically examine Friedrich Hayek’s broadside against the conceptual intelligibility of the theory of social or distributive justice. This theme first appears in Hayek’s work in his famous political tract, The Road to Serfdom (1944), and later in The Constitution of Liberty (1960), but he developed the argument at greatest length in his major work in political philosophy, the trilogy entitled Law, Legis- lation, and Liberty (1973-79). Given that Hayek subtitled the second volume of this work The Mirage of Social Justice,2 it might seem counterintuitive or perhaps even ab- surd to suggest the existence of a genuinely Hayekian theory of social justice. Not- withstanding the rhetorical tenor of some of his remarks, however, Hayek’s actual con- clusions are characteristically even-tempered, which, I shall argue, leaves open the possibility of a revisionist account of the matter. As Hayek understands the term, “social justice” usually refers to the inten- tional doling out of economic rewards by the government, “some pattern of remunera- tion based on the assessment of the performance or the needs of different individuals * Attorney-Advisor, Office of the Pardon Attorney, United States Department of Justice, Washington, D.C.; e- mail: [email protected]. -
Bruno Leoni's Legacy and Continued Relevance
BRUNO LEONI’S LEGACY AND CONTINUED RELEVANCE Todd Zywicki, George Mason University School of Law George Mason University Law and Economics Research Paper Series 14-49 This paper is available on the Social Science Research Network at http://ssrn.com/abstract=2503080 Bruno Leoni’s Legacy and Continued Relevance By Todd Zywicki∗ George Mason University School of Law Abstract In his famous book, Freedom and the Law, originally published in 1961, Italian lawyer- economist Bruno Leoni posed the question of whether over the long run a society and legal system premised primarily on legislative law-making could sustain a system of individual liberty, or whether such a system required a common law-style foundation to support it. In this article I evaluate Leoni’s challenge and find that his predictions about the nature of a legislative- centered legal system not only are more relevant than ever, but that recent tendencies toward extreme and arbitrary law-making by executive edict are consistent with the trends and intellectual principles that Leoni identified over 50 years ago. By identifying the underlying jurisprudential theories that generated the current state of affairs, Leoni’s warnings are even more relevant today than ever before. JEL Codes: B3, K00, K1 Keywords: Bruno Leoni, F.A. Hayek, common law, legislation, spontaneous order, judicial process This year would have been Bruno Leoni’s 101st birthday but for his tragic murder in 1967.1 Leoni was an Italian lawyer cum academic who was one of Europe’s leading classical liberal thinkers in the post-War era. Friend to the leading classical liberals of the age—counting Hayek, Buchanan, and Alchian as friends—Leoni was not only a pioneer of law and economic thought but also an early adopter of public choice theory (Kemp 1990). -
Hayek's the Constitution of Liberty
Hayek’s The Constitution of Liberty Hayek’s The Constitution of Liberty An Account of Its Argument EUGENE F. MILLER The Institute of Economic Affairs contenTs The author 11 First published in Great Britain in 2010 by Foreword by Steven D. Ealy 12 The Institute of Economic Affairs 2 Lord North Street Summary 17 Westminster Editorial note 22 London sw1p 3lb Author’s preface 23 in association with Profile Books Ltd The mission of the Institute of Economic Affairs is to improve public 1 Hayek’s Introduction 29 understanding of the fundamental institutions of a free society, by analysing Civilisation 31 and expounding the role of markets in solving economic and social problems. Political philosophy 32 Copyright © The Institute of Economic Affairs 2010 The ideal 34 The moral right of the author has been asserted. All rights reserved. Without limiting the rights under copyright reserved above, no part of this publication may be reproduced, stored or introduced into a PART I: THE VALUE OF FREEDOM 37 retrieval system, or transmitted, in any form or by any means (electronic, mechanical, photocopying, recording or otherwise), without the prior written permission of both the copyright owner and the publisher of this book. 2 Individual freedom, coercion and progress A CIP catalogue record for this book is available from the British Library. (Chapters 1–5 and 9) 39 isbn 978 0 255 36637 3 Individual freedom and responsibility 39 The individual and society 42 Many IEA publications are translated into languages other than English or are reprinted. Permission to translate or to reprint should be sought from the Limiting state coercion 44 Director General at the address above. -
Rent-Seeking: a Primer by Sanford Ikeda
ON LIBERTY November 2003 Vol. 53, No. 10 FEATURES 8 The Economics of Spam by Christopher Westley 10 Business Under German Inflation by Ludwig von Mises 14 Healers Under Siege by Doug Bandow 19 Understanding "Austrian" Economics, Part 2 by Henry Hazlitt 24 Rent-Seeking: A Primer by Sanford Ikeda 29 Grutter v. Bollinger: A Constitutional Embarrassment by George C. Leef 33 Global Warming: Extreme Weather or Extreme Prejudice? by Christopher Lingle 37 The Fallacies of Distributism by Thomas E. Woods, Jr. 4 FROM the PRESIDENT—-The Great German Inflation by Richard M. Ebeling «««« 17 THOUGHTS on FREEDOM—Oblivious to the Obvious by Donald J. Boudreaux 27 PERIPATETICS—Canute's Courtiers Were Wrong by Sheldon Richman 35 OUR ECONOMIC PAST— How the Federal Government Got into the Ocean-Shipping Business by Robert Higgs 47 THE PURSUIT of HAPPINESS—-People Before Profits by Walter E. Williams DEPA RT/V\ E NTS 2 Perspective—Weighing In by Sheldon Richman 6 Massive Foreign Aid Is the Solution to Africa's Ills? It Just Ain't So! by William Thomas 42 Book Reviews Adam Smith's Marketplace of Life by James R. Otteson, reviewed by Robert Batemarco; The Great Tax Wars: Lincoln to Wilson—The Fierce Battles over Money and Power that Transformed the Nation by Steven R. Weisman, reviewed by Burton W. Folsom, Jr.; Pieces of Eight by Edwin Vieira, Jr., reviewed by George C. Leef; Terrorism and Tyranny: Trampling Freedom, Justice, and Peace to Rid the World of Evil by James Bovard, reviewed by Richard M. Ebeling. Published by The Foundation for Economic Education IDEAS Irvington-on-Hudson, NY 10533 Phone: (800) 960-4FEE; (914) 591-7230 PERSPECTIVE ON LIBERTY Fax: (914) 591-8910; E-mail: [email protected] FEE Home Page: www.fee.org Weighing In President: Richard M. -
Summer 2013 Imprimis
AmP PUBLisHERS GROUP Small Presses. Big Ideas. Spring – Summer 2013 INCLUDING NEW TITLES imprimis: a fortieth-anniversary collection Edited by Douglas A. Jeffrey sleepwalking with the bomb John C. Wohlstetter www.amppubgroup.com MEMBER PRESSES G Acton Institute G American Civil Rights Union G American Council of Trustees and Alumni G Broadway Publications G Capital Research Center G Christendom Press G Discovery Institute Press G Freedom Foundation G Hillsdale College Press G National Catholic Bioethics Center G National Humanities Institute G National Review Books G Pacific Research Institute G Ruth Institute Books cover image © iStockphoto AmP PUBLisHERS GROUP Small Presses. Big Ideas. CONTENTS New Titles .......................................................... 2–3 Recently Released ................................................ 4–5 Politics ............................................................... 6–10 Religion ..............................................................11–21 Education ........................................................22–26 Marriage & Family ...........................................27–29 History ............................................................30–34 Economics & Business ......................................35–36 Science .............................................................. 37–41 Essays ....................................................................42 Philanthropy ....................................................43–45 DVDs ..............................................................46–47 -
Reason Papers No
Editor: Tibor R. Machan Managbig Editor: Mark Turiano Executive Editor: Gregory R. Johnson Associate Editors: Walter Block/ Economics Douglas J. Den Uyl/ Philosophy Kelly Dean Jolley/ Philosophy Leonard Liggio/ History Eric Mack/ Philosophy John D. McCallie/ Economics H. Joachim Maitre/ Interrzational Relations Ralph Raico/ History Lynn Scarlett/ Political Science Advisory Board: D. T. Armentanol University ofHartford Yale Brazen/ University of Chicago Nicholas Capaldi/ Urziversity of Tulsa R.L. Cunningham/ University of Sun Francisco John Hospers/ Univmity of Southern Cdlifornia Isreal M. Kirzner/ Nm York University Kenneth G. Luce y/ SUNY College. Fredonia Fred D. Miller, Jr./ Bowling Green State University Herbert Morris/ University of California, Los Angeles Clifton Perry/ Auburn University Paul Craig Roberts/ Georgetown University Morton L. Schagrin/ SUNY College, Fredonia Thomas S. Szasz/ SUNYMedical Center, Syracuse Articles On the Fit between Egoism and Rights ......................Eric Mack 3 Resolving the Tension in Aristotle's Ethic: The Balance Between Naturalism and Responsibility ........ David E. W. Fenner 22 The Irrationality of the Extended Order: The Fatal Conceit of F. A . Hayek ....... Larry ]. Sechrest 38 Special Forum: Rand & Philosophy A Philosopher for the New Millennium? ........ Fred D. Miller. Jr. On Rand as Philosopher ............................... Dough J. Den Uyl Rand and Philosophy (and Capitalism) ..... Douglas B. Rasmussen Ayn Rand's Contribution to Philosophy ....... Neera K. Badhwar What is Living in the Philosophy of AynRand ... Lester H . Hunt Rand and Objectivity ............................................... David Kelly Rand Revisited ...................................... .. ................]. Roger Lee Ayn Rand's Philosophical Significance .................... John Hospers Ayn Rand as Moral & Political Philosopher ..........la n Narveson Discussion Notes Kamhi and Torres on Meaning in Ayn Rand's Esthetics ..............................................