NSmolenskiFan on Nostr: Fantastic lecture by economist PeterBoettke inaugurating the Initiative for the Study ...
Fantastic lecture by economist PeterBoettke inaugurating the Initiative for the Study of a Stable Peace (ISSP).
Boettke masterfully traces the lineage of mainline economics as the study of exchange rooted in human action as mediated and often laundered by institutions. The tradition of mainline economics differs from other economic traditions in that it “advances the ball” of the “science of liberty,” which is rooted in 1) non-discrimination and 2) non-domination. This science demonstrates that the “invisible hand” of the market can be either benevolent or malevolent, depending on the character of the individuals and institutions that shape that market.
It is the science and practice of liberty that gives humanity a fighting chance at finding solutions to problems that are not violent. Peace, in other words, is a cultural achievement rooted in a certain kind of civil society that arises from the interaction of individuals with a moral imagination shaped by the commitment to liberty.
youtu.be/spRZOVRSf-Q
Boettke masterfully traces the lineage of mainline economics as the study of exchange rooted in human action as mediated and often laundered by institutions. The tradition of mainline economics differs from other economic traditions in that it “advances the ball” of the “science of liberty,” which is rooted in 1) non-discrimination and 2) non-domination. This science demonstrates that the “invisible hand” of the market can be either benevolent or malevolent, depending on the character of the individuals and institutions that shape that market.
It is the science and practice of liberty that gives humanity a fighting chance at finding solutions to problems that are not violent. Peace, in other words, is a cultural achievement rooted in a certain kind of civil society that arises from the interaction of individuals with a moral imagination shaped by the commitment to liberty.
youtu.be/spRZOVRSf-Q