Quarterly Journal of Austrian Economics

Economic Indulgences: Old and New Debates on Welfare and Freedom

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Quarterly Journal of Austrian Economics 19, no. 2 (Summer 2016)

Henry Hazlitt Memorial Lecture

In this lecture, I will look at a debate in the 1960s between Frank Knight, the subject of my new book (2006) in Palgrave Macmillan’s Great Thinkers in Economics series, and Henry Hazlitt, memorialized by this lecture. I will look at the dispute they had on welfare, freedom and power, which was an important debate then and now. I will take Knight’s observations and apply them to today’s debate on inequality, and what I suggest are the economic indulgences referenced in my lecture title.

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David Cowan, “Economic Indulgences: Old and New Debates on Welfare and Freedom,” Quarterly Journal of Austrian Economics 19, no. 2 (2016): 131–48

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