All five were profoundly shaken by the interwar catastrophe that struck their native Austria.
An older generation of free market economists used to point out that what is wrong with socialist planning is that it requires the sort of perfect knowledge (of present and future alike) that is never...
And once we cease to value the public over the private, surely we shall come in time to have difficulty seeing just why we should value law (the public good par excellence) over force.
As a consequence, the thick mesh of social interactions and public goods has been reduced to a minimum, with nothing except authority and obedience binding the citizen to the state.
As in the past, therefore, eastern Europeans have had to compete with the West on a markedly uneven playing field, lacking local capital and foreign markets and able to export only low-margin foods an...
Beginning with a handful of outstanding intellectual refugees from interwar Europe, we pass through two generations of academic economists intent on re-configuring their discipline … and arrive at the...
Behind every cynical (or merely incompetent) banking executive and trader sits an economist, assuring them (and us) from a position of unchallenged intellectual authority that their actions are public...
Beneficiaries of the welfare states whose institutions they call into question, they are all Thatcher’s children: politicians who have overseen a retreat from the ambitions of their predecessors.
Broadly speaking, affairs that were urgently political in Europe aroused only intellectual interest in Britain; while topics of intellectual concern on the Continent were usually confined to academic...
But each in its own way was affected by the growing intolerance of immoderate inequality, initiating public provision to compensate for private inadequacy.
But republics and democracies exist only by virtue of the engagement of their citizens in the management of public affairs. If active or concerned citizens forfeit politics, they thereby abandon their...
By the end of the 1970s, a clear majority of the employed population of Britain, Germany, France, the Benelux countries, Scandinavia and the Alpine countries worked in the service sector—communication...
By the late 1960s, the idea that nanny knows best was already starting to produce a backlash.
Canadian Labor Department in 1948 rejected girls and women applying to emigrate to Canada for jobs in domestic service if there was any sign that they had education beyond secondary school.
Celá kultura „cesty vzhůru do Izraele, alija, předpokládala přetnutí všech spojnic a zájmů směrem k diaspoře. Předáci mládežnického hnutí velmi dobře věděli, že pokud teenager setrvá v Anglii či Franc...
Elio Vittorini observed in 1957 that ever since Napoleon, France had proved impermeable to any foreign influence except German philosophy: and that was still true two decades later... By the time Germ...
Even in Sweden, where the Social Democrats’ grip on office remained as firm as ever, the relentless uniformity of even the best housing projects, social services or public health policies began to gra...
Few—very few—graduates before the mid-’70s sought out a ‘business’ education;
Governments, in short, now increasingly farm out their responsibilities to private firms
If we compare the gap separating rich and poor, whether measured by overall assets or annual income, we find that in every continental European country as well as in Great Britain and the US, the gap...
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