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.
The Improprieties of the Pretense of Knowledge
By Daniel B. Klein
This
article
appeared in
the Fall 2012 issue of The Independent Review.
Culture and SocietyDemocracyEconomistsEconomyGovernment and PoliticsGovernment PowerPhilosophy and ReligionPublic ChoiceRegulation
Other Independent Review articles by Daniel B. Klein | ||
Summer 2020 | Adam Smiths Rebuke of the Slave Trade, 1759 | |
Winter 2017/18 | The Joys of Yiddish and Economics | |
Fall 2012 | Most Economists Welcome Ideological Openness | |
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