Mises Wire

Capitalism and Its Critics

Capitalism and Its Critics

Jerry Muller’s Mind and the Market reviewed in Foreign Affairs.”The value of the book lies less in its contribution to the literature on any particular individual than in its gathering together in one place of a wealth of information on figures from Burke, Smith, and Voltaire to Schumpeter, Keynes, and Hayek. Muller’s masterful sketches of intellectuals from across the political spectrum help put today’s battles over globalization in proper historical perspective. He reminds us just how venerable many of the current antiglobalization movement’s concerns actually are, and thus how they need to be understood and addressed not as the consequences of recent policies or conditions but rather as inherent in the dynamics of capitalism itself. What becomes painfully clear in the process is how far the level of debate has fallen in recent decades and how impoverished and narrow contemporary thought about the market has become.”

And more Hayek in Foreign Affairs (Gillingham reviewed)

 

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