6 Quotes: Friedrich Hayek on Economics and Freedom

Yesterday was the 116th birthday of the late Austrian and British economist Friedrich Hayek. Throughout his life the Nobel-winning philosopher defended civil liberties and political freedom and warned against the Keynesian welfare state and of totalitarian socialism. Continue Reading...

6 Quotes: Angus Deaton on Poverty

Yesterday, Princeton economist Angus Deaton won the Nobel prize in economic sciences for his work on “analysis of consumption, poverty, and welfare.” In honor of this recognition, here are six quotes by Deaton on poverty: On poverty measurements: “Poverty lines are as much political as scientific constructions.” Continue Reading...

6 Quotes: Roger Scruton on Conservatism

During student protests in Paris in 1968, Roger Scruton watched students overturn cars to erect barricades and tear up cobblestones to throw at police. It was at that moment he realized he was a conservative: I suddenly realized I was on the other side. Continue Reading...