In The Theory of Moral Sentiments, Adam Smith discusses the dialectics of our notions of propriety. His moral insights can add a lot to our understanding of the root problem of government involvement in culture and economics, which Hayek called “the pretense of knowledge” and “the fatal conceit.”

 PDFRead the Full Article (PDF, 10 pages)


Other Independent Review articles by Daniel B. Klein
    Winter 2018   The Joys of Yiddish and Economics
    Fall 2012   Most Economists Welcome Ideological Openness
    Fall 2011   Against Overlordship
[View All (16)]