Both the left and the right have recently attacked the classical liberals for their assumptions of “hyperrationalism” and “extreme atomism.” Those criticisms fall flat when directed at the classical liberals of the Scottish Enlightenment tradition, who argued that many useful human institutions (including language and the market) are not the result of conscious design but are unintended consequences of social interaction.


Other Independent Review articles by Steven G. Horwitz
    Fall 2017   Success and Luck
    Summer 2017   Inequality
    Winter 2013   The Reality of the Wartime Economy
[View All (7)]