Tag Archive: Mises.org


Coming Dangers to Economic Freedom

 

 

” Peter Lewin posted some very interesting commentary of Richard Epstein’s distinguished scholar lecture at on-going Southern Economics Association (SEA) meeting. I had the opportunity to hear Epstein several years ago at the Association of Private Enterprise Education meeting and hardily agree with Peter’s assessment that “To hear Epstein talk is awe-inspiring. Hard to describe. Always without notes he delivers intricate, clever, funny, insightful prose without hesitation, seamlessly weaving his web of logic, backwards and forward, while making knockdown points.”

 

Distinguished Guest Lecture:

“The Implications of the Recent Election for Economic Freedom”

Richard Epstein
The University of Chicago
Law School

Friday, November 16th
at 5pm

Peter’s summary:

” This afternoon I heard Richard Epstein talk on the implications of the recent election for the economy. He gave the annual distinguished scholar lecture as the SEA meetings. To hear Epstein talk is awe-inspiring. Hard to describe. Always without notes he delivers intricate, clever, funny, insightful prose without hesitation, seamlessly weaving his web of logic, backwards and forward, while making knockdown points. “

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Theory vs. Practice

From Frederic Bastiat

 

 

  “As advocates of free trade, we are accused of being theorists, and of not taking practice sufficiently into account. “What fearful prejudices were entertained against Mr. Say,” says Mr. Ferrier,

by that long train of distinguished administrators, and that imposing phalanx of authors who dissented from his opinions; and Mr. Say was not unaware of it. Hear what he says: It has been alleged in support of errors of long standing that there must have been some foundation for ideas which have been adopted by all nations. Ought we not to distrust observations and reasonings which run counter to opinions which have been constantly entertained down to our own time, and which have been regarded as sound by so many men remarkable for their enlightenment and their good intentions? This argument, I allow, is calculated to make a profound impression, and it might have cast doubt upon points which we deem the most incontestable, if we had not seen, by turns, opinions the most false, and now generally acknowledged to be false, received and professed by everybody during a long series of ages. Not very long ago all nations, from the rudest to the most enlightened, and all men, from the street-porter to the savant, admitted the existence of four elements. No one thought of contesting that doctrine, which, however, is false; so much so that even the greenest assistant in a naturalist’s class-room would be ashamed to say that he regarded earth, water and fire as elements.”

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