Hacker News new | past | comments | ask | show | jobs | submit login

> That's why I asked about something non-ideological, and neither Mises nor Hayek are that.

You may have mistaken Mises and Hayek, the fairly thoughtful and insightful market-favouring economists, with Mises and Hayek, the caricatures transmitted via a heavily mutating Murray Rothbard into US Arch-Libertarianism.

In particular Hayek is at great pains that he doesn't think the market is magical or morally superior. He clearly points out that markets assign by prices, not by commendable virtues.

But he does say that markets solve a problem that can't, beyond a certain scale, be safely solved in other ways without causing larger problems to emerge.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: