Economics Dictionary of Arguments

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Liberty: Liberty is the ability to make one's own choices and to live one's life as one sees fit, without interference from others. It is a fundamental human right, and it is essential for a just and equitable society. See also Society, Freedom, Justice, Equality, Rights, Individuals, Liberalism.
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

 
Author Concept Summary/Quotes Sources

Friedrich A. von Hayek on Liberty - Dictionary of Arguments

Boudreaux II 39
Liberty/Hayek/Boudreaux: „The conception of freedom under the law … rests on the contention that when we obey laws, in the sense of general abstract rules laid down irrespective of their application to us, we are not subject to another man’s will and are therefore free.“(1)
Knowledge/Hayek/Boudreaux: (…) without freedom, individuals are confined to behave only in ways permitted by government authorities.
Unfree people, therefore, have less scope and ability than do free people to search for and to act upon such detailed and local knowledge.
Innovations: One important reason for dividing among millions of people the tasks of discovering and acting upon small bits of knowledge is that no central authority can know how to order these people about and know what they will discover.
>Innovation
, >Free market, >Markets, >Knowledge, >Information, >Freedom/Hayek.

1. Friedrich Hayek (1960). The Constitution of Liberty. In Ronald Hamowy (ed.), The Constitution of Liberty, XVII (Liberty Fund Library, 2011): 221.

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Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

Hayek I
Friedrich A. Hayek
The Road to Serfdom: Text and Documents--The Definitive Edition (The Collected Works of F. A. Hayek, Volume 2) Chicago 2007

Boudreaux I
Donald J. Boudreaux
Randall G. Holcombe
The Essential James Buchanan Vancouver: The Fraser Institute 2021

Boudreaux II
Donald J. Boudreaux
The Essential Hayek Vancouver: Fraser Institute 2014


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