All Posts Tagged With: "Third Way"

Some Constructive Heresies of Wilhelm Röpke

Wilhelm Röpke was a pro-market liberal who helped found the Mont Pelerin Society in 1947 along with F. A. Hayek, Ludwig von Mises, and Leonard Read. But he has some significant differences with Anglo-American classical liberals that are worth exploring. Born in Schwarmstedt in northern Germany in 1899, Röpke came from a family of Lutheran [...]

22Dec2010 | Joseph R. Stromberg | 2 comments | Continued

Paternalist Nudges

Harvard law professor Cass Sunstein and University of Chicago economics professor Richard Thaler are self-proclaimed “libertarian paternalists” (http://tinyurl.com/6xy6l4). Contradiction in terms? They think not. According to their approach, “[G]overnments try to move people in good directions without imposing penalties, mandates or bans.” The part about “moving people in good directions” is the paternalism. The part [...]

1Nov2008 | Sheldon Richman | 0 comments | Continued

Tethered Citizens

The welfare state exists to transfer resources from those who produced them to those who did not. There can be countless motives for effecting a transfer: to equalize incomes; to feed and house the poor; to eradicate drug use; to promote exports; to inhibit imports; to subsidize business and agriculture; to certify the safety of [...]

1Dec2001 | Sheldon Richman | 0 comments | Continued

The Third Way: The Renewal of Social Democracy by Anthony Giddens

The Polity Press • 1999 • 166 pages • $19.95 paperback The importance of this book lies in the fact that its author is often and with good reason described as the guru of British Prime Minister Tony Blair. It tells us much about the thinking of politicians of his kind. The social democratic parties [...]

1Mar2000 | Antony Flew | 0 comments | Continued

Limited Government, Individual Liberty and the Rule of Law: Selected Works of Arthur Asher Shenfield edited by Norman Barry

Edward Elgar Publishing • 1998 • 378 pages • $100.00 How well I remember Arthur Shenfield (1909-1990), an unforgettable man learned in law and economics and a keen student of a free society. We used to debate privately about who was the greater economist, Mises or Hayek. I chose Mises, he Hayek. I had the [...]

1Jan2000 | William H. Peterson | 0 comments | Continued

Germany and the Third Way

Norman Barry is professor of social and political theory at the University of Buckingham in the United Kingdom. He is the author of Business Ethics (Macmillan, 1998). At least two things exercise political and economic commentators on Europe: the meaning and policy significance of the “third way” and the current malaise in the German economy. [...]

1Nov1999 | Norman Barry | 0 comments | Continued

Economic Calculation Revisited

Now that outright socialism has failed, the quest for a third way has gained prominence. Political leaders insist that a free society is inherently unjust and the privileged prosper at the expense of the unfortunate many. Thus the state must correct the failures of the market. The critics of the modern version of Western “capitalist” [...]

1Sep1999 | Manuel F. Ayau | 0 comments | Continued

Drawing the Line

Socialism and communism have collapsed so completely that only a few holdouts refuse to acknowledge the rubble before their eyes. We’ve apparently reached “the end of history,” as Francis Fukuyama labeled the post cold-war era a few years ago. But appearances can deceive. Capitalism may look triumphant, but some people are clearly uncomfortable with the [...]

1May1998 | Sheldon Richman | 0 comments | Continued

Book Review: Christianity and Economics in the Post-Cold War Era: The Oxford Declaration and Beyond Edited by Herbert Schlossberg, Vinay Samuel, and Ronald J. Sider

Eerdmans Publishing Company • 1994 • 149 pages • $11.00 paperback Dr. Robbins is president of the Trinity Foundation. As part of an ecumenical effort to articulate a religious view of economics and economic systems, 36 conferees describing themselves as evangelical—an undefined term which apparently means neither Roman Catholic, Eastern Orthodox, nor liberal Protestant—gathered in [...]

1Mar1997 | John W. Robbins | 0 comments | Continued

Inequality of Wealth and Incomes

Professor Mises (1881-1973), one of the century’s pre-eminent economic thinkers, was academic adviser to The Foundation for Economic Education from 1946 until his death. This article first appeared in the May 1955 issue of Ideas on Liberty, published by FEE. The market economy—capitalism—is based on private ownership of the material means of production and private [...]

1Mar1996 | Ludwig von Mises | 1 comment | Continued
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