[permalink] [id link]
While Hayek is opposed to regulations which restrict the freedom to enter a trade, or to buy and sell at any price, or to control quantities, he acknowledges the utility of regulations which restrict allowed methods of production, so long as these are applied equally to everyone and not used as an indirect way of controlling prices or quantities, and without forgetting the cost of such restrictions:
from
Wikipedia
Some Related Sentences
While and Hayek
While the idea of laws and markets as emergent phenomena comes fairly naturally to an economist, and was indeed present in the works of early economists such as Bernard Mandeville, David Hume, and Adam Smith, Hayek traces the development of ideas based on spontaneous-order throughout the history of Western thought, occasionally going as far back as the presocratics.
While for them it was a farewell to classical liberalism, which they thought to have failed, other participants like Mises and Hayek were not convinced to condemn the old liberalism of laissez faire.
" While criticizing Hayek, Tullock still praises the classical liberal notion of economic freedom, saying, " Arguments for political freedom are strong, as are the arguments for economic freedom.
While neoclassical theory uses the conditions of perfect markets to describe the conditions under which it will work, neoliberal theory rejects those in favour of ideas based largely on the work of Friedrich von Hayek and Milton Friedman and broadly argues that perfect markets occur naturally provided that economic and political freedoms are present and maintained.
" While calling Hayek " 100 % right " in his critique of the pure command economy, he writes " However, in no way does it follow, as many Hayek disciples seem to believe, that government is per se bad and unproductive while the private sector is, per se good and productive.
While the Institute does not provide instruction in philosophical conservatism, it does encourage its graduates to read classic conservative authors like Edmund Burke and " classical liberal " authors like Frederic Bastiat, as well as more modern conservative thinkers including William F. Buckley Jr., Russell Kirk, Barry Goldwater, and libertarian thinkers such as Milton Friedman and F. A. Hayek.
While and is
While the pattern is uneven, some having gained more than others, nationalism has in fact served the Western peoples well.
While sovereignty has roots in antiquity, in its present usage it is essentially modern.
While it is hazardous to project the trend of history, it seems clear that a genuine community is painfully emerging in the Western world, particularly among the countries of Western Europe.
While he is worldly, the musician often cultivates public attitudes of childlike astonishment and naivete.
While some think we move too fast and others too slowly, Florida's record is a good one and stands out among the 50.
While white is the coolest summer shade, there are lots of pastel hues along with tintable fabrics that will blend with any wardrobe color.
While it is easy enough to ridicule Hawkins' pronouncement in Pleas Of The Crown from a metaphysical point of view, the concept of the `` oneness '' of a married couple may reflect an abiding belief that the communion between husband and wife is such that their actions are not always to be regarded by the criminal law as if there were no marriage.
While this may well be true in general, I believe it is also important to keep in mind that some recent developments suggest that over the next year or so military electronics may be one of the most strongly growing areas in an economy which is not expanding rapidly in other directions.
While clay is still pressed in mold, press three equally spaced holes 1/4'' '' deep, using pencil eraser, in bottom of clay to allow for proper drying and firing.
While assembled lid is still on design head, gently but firmly press it on plaster board.
While some regression is inevitable, it is discouraged rather than encouraged so that the transference does not follow the stages of planned regression associated with certain casework adaptations of the psychoanalytic model for insight therapy.
While other conditions might be even more effective in bringing about a change from immobility to mobility in Kohnstamm reactivity, it is our hypothesis that all such conditions would have as a common factor the capacity to induce an attitude in the subject which enabled him to divorce himself temporarily from feelings of responsibility for his behavior.
While we had expected that compulsive children in the unstructured school setting would have difficulty when compared to those in the structured, we were surprised to find that the achievement of the high compulsives within the schools where the whole-word method is used in beginning reading compares favorably with that of the low compulsives.
While roleplaying for testing is not too well understood at the present time, it represents one of the major uses of this procedure.
While the phonemes can be very easily stated, no one is likely to be satisfied with the statement until phonemic occurrences can be related in some way to morphemic units, i.e. until the morphophonemics is worked out, or at least far enough that it seems reasonable to expect success.
While the U. S. Department of Labor has a program of projecting industry and occupational employment trends and publishing current outlook statements, there is little tangible evidence that these projections have been used extensively in local curriculum planning.
While it had long been known in general, that `` the public is always wrong '', the use of odd-lot indices now puts the adage on a statistical basis.
While there may be several such industries to which the model of this paper is applicable, the authors make particular claim of relevance to the explanation of the course of wages and prices in the steel industry of the United States since World War 2.
While this influence is a complex matter, depending upon personality factors in the individual as well as upon his social-class experience, there probably are some general statements about social-class background and educational policy that can be made with a fair degree of truth.
While one element is announcing progress, another is delineating its problems.
While and opposed
While obliged to concede governments in East Europe allied with the Soviet Union instead of opposed to it, we thought we had preserved our social and economic system in East Europe.
While the term " anti-globalization " arose from the movement's opposition to free-trade agreements ( which have often been considered part of something called " globalization "), various participants contend they are opposed to only certain aspects of globalization and instead describe themselves, at least in French-speaking organisations, as " anti-capitalist ", " anti-plutocracy ," or " anti-corporate.
While in the view of most American academics the two were as diametrically opposed as good and evil, Sakharov believed that in this " tragic confrontation of two outstanding people ," both deserved respect, because " each of them was certain he had right on his side and was morally obligated to go to the end in the name of truth.
While the reliability of these sources has increasingly been called into question, it is known that during his brief reign, Caligula worked to increase the unconstrained personal power of the emperor ( as opposed to countervailing powers within the principate ).
While many Baptists are not opposed to the ancient creeds, they regard them as " not so final that they cannot be revised and re-expressed.
While Compaq shareholders unanimously approved the deal, there was a public proxy battle within HP as the deal was strongly opposed by numerous large HP shareholders, including the sons of the company founders, Walter Hewlett and David W. Packard, as well as the California Public Employees ’ Retirement System ( Calpers ) and the Ontario Teachers Pension Plan.
While many Tories were strongly opposed to reform, the distributists in certain cases saw this not as conserving a legitimate traditional concept of England, but in many cases, entrenching harmful errors and innovations.
While some distributists, such as Dorothy Day, have been anarchists, it should be remembered that most Chestertonian distributists are opposed to the mere concept of anarchism.
While he was a devout Muslim who could recite the Koran, he was opposed to fanaticism and joked freely about Islam.
While evolutionarily speaking, as opposed to culturally, humans are omnivores, religion and social constructs such as morality, activism, or environmentalism will often affect which foods they will consume.
While the company helped build some schools, it opposed the building highways, as they would compete with the UFC's railroad monopoly.
While extending the notion of number by means of his revolutionary concept of infinite cardinality, Cantor was paradoxically opposed to theories of infinitesimals of his contemporaries Otto Stolz and Paul du Bois-Reymond, describing them as both " an abomination " and " a cholera bacillus of mathematics ".
While the real values of the specific economic items generally stay the same in terms of relatively stable foreign currencies, in hyperinflationary conditions the general price level within a specific economy increases rapidly as the functional or internal currency, as opposed to a foreign currency.
While there are a number of political parties in the state, the political landscape has been dominated for decades by Fianna Fáil and Fine Gael, historically opposed and competing entities, which both occupy the traditional centre ground.
While this was supported by Rosen and Bechor-Shalom Sheetrit, it was opposed by Ben-Gurion and Zisling, with Ben-Gurion stating, " We accepted the UN Resolution, but the Arabs did not.
While the President was recovering in the hospital, McFarlane met with him and told him that representatives from Israel had contacted the National Security Agency to pass on confidential information from what Reagan later described as the " moderate " Iranian faction opposed to the Ayatollah's hardline anti-American policies.
While many anarcho-communists are opposed to trade, some post-left and post-scarcity anarcho-communists, and ones with syndicalist sympathies, are not opposed to trade.
" But " While they were not opposed to strikes as such, they were opposed to trade unions and the struggle for the eight-hour day.
While Wycliffe and other Lollards opposed the revolt, one of the peasants ’ leaders, John Ball, preached Lollardy.
While running a device driver in user space does not necessarily reduce the damage a misbehaving driver can cause, in practice it is beneficial for system stability in the presence of buggy ( rather than malicious ) drivers: memory-access violations by the driver code itself ( as opposed to the device ) may still be caught by the memory-management hardware.
While it is uncertain to what extent his work was read amongst the warrior class as opposed to the clergy, Vegetius remained prominent in the literature on warfare in the medieval period.
While the court was prepared to accept Mary's fiancé as king, the majority of the nobility was opposed to the idea of a female monarch and regarded her closest agnate, King Charles III of Naples, as the legitimate heir.
While active collaboration between Nazi Germany and Soviet Union caused great shock in western Europe and amongst communists opposed to Germany, on 1 October 1939, Winston Churchill declared that the Russian armies acted for the safety of Russia against " the Nazi menace.
0.264 seconds.