"Proceedings of an International Symposium on Measuring Economic Freedom, held July 28-30, 1988, in Vancouver, British Columbia"--T.p. verso. Includes bibliographical references (p. [174]-175).

The social democratic state pursued interventionism for positive political freedom, making markets adapt to the needs of a fair democratic society, with the provision of social rights. The Robbins’ Report, which inaugurated the expansion of state-funded higher education in the 1960s, held that access to higher education was a social right and that the ‘cultivation’ produced by higher education was a good in itself and the epistemic basis for a social democratic society. Despite rhetorical appeals to negative political (...) class='Hi'>freedom, the neoliberal state is interventionist, but with interventionism to promote the economic freedom of corporations. The state adapts the market to corporate needs and seeks to force individuals to adapt to this market. The current Conservative Government is seeking to re-engineer English higher education to make it adapt more fully to enhancing the economic freedom of corporations, using audit culture and changes to the Research Councils, with the former being presented as neutral-technocratic proxies for market signals. Using Gadamer, and his Humboldtian conception of higher education, which is similar to that argued for in the Robbins Report, it is argued that such changes cause objective harm to our ‘Being’, with this inaugurating an authoritarian technocratic approach to English higher education. (shrink)

The aim of this paper is to contribute to the development of a theory of economic freedom. In this endeavor, we build our framework on the Hayekian notion of freedom because it explicitly embodies the obvious link between freedom and the state: freedom is an absence of state coercion except for that which enforces abstract, general rules known beforehand. We derive two propositions from this Hayekian thesis and elaborate on them, leading to a categorization of (...) government actions from the viewpoint of economic freedom in which the criterion against which coercive governmental actions must be evaluated is the rule of law, meaning a government’s reliance on general, abstract rules. As an implication, our framework allows us to argue for the imperative differentiation between “efficiency” and “economic freedom” as two separate criteria against which government actions can and must be evaluated. We also show that our framework may help explain the process through which economic freedom enhances growth. (shrink)

This paper points to a lost and ignored strand of argument in the writings of liberalism's earliest defenders. These “classical” liberals recognized that market liberty was not always compatible with individual liberty. In particular, they argued that labor markets required intervention and regulation if workers were not to be wholly subjugated to the power of their employers. Functioning capitalist labor markets (along with functioning credit markets) are not “natural” outgrowths of exchange, but achievements hard won in the battle against feudalism. (...) Further, and crucially, the existence of such markets required closing off other market choices. Footnotesa I would like to thank the other contributors to this volume, and its editors, for their helpful comments on an earlier draft of this essay. (shrink)

Is economic liberty necessary for individuals to lead truly flourishing lives? Whether your immediate answer is yes or no, this question is deceptively simple. What do we mean by liberty? What constitutes the flourishing life? How are these related? How is economic liberty related to other goods that affect human flourishing? To answer these questions—and more—this volume brings to bear some of history’s greatest thinkers, interpreted by some of today’s leading scholars of their thought.

In Free Market Fairness, John Tomasi argues that a wider range of private economic freedoms should be included amongst the high liberal set of basic rights than is normally thought. The topic of this paper is not primarily Tomasi’s own views, but a view that has emerged in the critical literature responding to Tomasi, consideration of which has so far been neglected. This view holds that whilst the specific private economic freedoms Tomasi proposes should be rejected, certain ‘weak’ (...) private economic freedoms should be included amongst the high liberal basic rights. In the paper, I critically assess (and reject) one version of this position, which claims that Rawlsian high liberals ought to accept a weak basic right to privately own productive property. (shrink)

Beauty pageants are ubiquitous around the world, and their importance in many cultures is indisputable. This paper empirically examines those factors that contribute to beauty pageant success in a cross-national setting. Our analysis pays particular attention to the role of market liberalism, i.e., economic freedom, in the process. The results indicate that nations with higher economic freedom scores are underrepresented among Miss Universe semifinalists after controlling for other relevant determinants.

This research explores the relationship of variant degrees of a country’s economic freedom to the ethical profiles of millennial business students, specifically an individual’s personal value orientation and post-conventional reasoning. Grounded in Social Identity, Personal Values, and Cognitive Moral Development theories, we construct an ethical profile to compare responses provided by millennial business students from eight countries. Our results suggest that a country’s degree of economic freedom has some association with an individual’s ethical profile, yet we (...) also discuss other national influences on an ethical profile. These results and their implications are discussed in the article. (shrink)

Mill's conception of economic freedom extends his broader view of freedom to economic institutions in ways that have previously been overlooked. In his view, economic freedom involves not merely the absence of burdensome constraints on economic activities, but also the power of individuals to direct the course of their lives with respect to their economic activities and relationships. It encompasses opportunities and resources for individuals, acting independently of others, effectively to pursue their (...) own life plans as well as participation by associated individuals in governing economic enterprises. Accordingly, he is critical of the ‘restraints’ that existing capitalism imposes on the economic freedom of individuals and he favours significant reforms of existing capitalism to achieve greater economic freedom. This understanding of Mill's conception of economic freedom sheds new light on his place in the liberal tradition and on an important point of contact between the liberal and socialist traditions. (shrink)

Much of the debate over the justice of immigration restrictions focuses on their impact on would-be migrants. Restrictionists often focus on potentially harmful effects of immigration on residents of receiving countries. This article cuts across this long-standing debate by outlining ways in which immigration restrictions inflict harm on natives, specifically by undermining their economic liberty. It covers both the libertarian “negative” view of economic freedom and the “positive” version advanced by left-liberals. Section 1 focuses on “negative” (...) class='Hi'>economic freedom. It shows that migration restrictions massively restrict the negative economic liberty of natives. Section 2 takes up “positive” theories of economic freedom; here, too, there are massive effects. Finally, section 3 describes how to address potentially harmful side effects of migration that might undermine economic liberty. (shrink)

Lo Stato commerciale chiuso di J. G. Fichte fornisce un punto di vista sul rapporto tra economia e politica, agire interessato e agire etico, che consente di porre alcune distinzioni critiche all’interno della discussione attuale sulla ‘globalizzazione’. A partire dall’analisi della struttura stessa del sapere, emerge una nozione di libertà che vieta di intendere il problema nei termini di opposizione tra garanzia e controllo, libertà e limitazione. È proprio una tale idea che struttura gli ordinamenti politico-economici e giuridici e indica (...) le possibilità di ottenere l’equità economico-sociale e la pace internazionaleJ. G. Fichte's Closed Commercial State treats of the relation between economy and politics, and between self-interest and ethics, and thus may offer an important contribution to the current debate on globalisation. From Fichte's analysis of the structure of knowledge emerges a concept of freedom that disallows simple oppositions between guarantees and controls, or freedom and restriction. This analysis orders Fichte's account of political, legal and economic activity and evinces the possibility of social and economic justice, as well as international peace. (shrink)

This paper examines why fundamental freedoms are so unevenly distributed across the earth. Climato-economic theorizing proposes that humans adapt needs, stresses, and choices of goals, means, and outcomes to the livability of their habitat. The evolutionary process at work is one of collectively meeting climatic demands of cold winters or hot summers by using monetary resources. Freedom is expected to be lowest in poor populations threatened by demanding thermal climates, intermediate in populations comforted by undemanding temperate climates irrespective (...) of income per head, and highest in rich populations challenged by demanding thermal climates. This core hypothesis is supported with new survey data across 85 countries and 15 Chinese provinces and with a reinterpretative review of results of prior studies comprising 174 countries and the 50 states in the United States. Empirical support covers freedom from want, freedom from fear, freedom of expression and participation, freedom from discrimination, and freedom to develop and realize one's human potential. Applying the theory to projections of temperature and income for 104 countries by 2112 forecasts that (a) poor populations in Asia, perhaps except Afghans and Pakistanis, will move up the international ladder of freedom, (b) poor populations in Africa will lose, rather than gain, relative levels of freedom unless climate protection and poverty reduction prevent this from happening, and (c) several rich populations will be challenged to defend current levels of freedom against worsening climato-economic livability. (shrink)

This book is about the relationship between different concepts of freedom and happiness. The book's authors distinguish three concepts for which an empirical measure exists: opportunity to choose, capability to choose, and autonomy to choose. They also provide a comprehensive account of the relationship between freedom and well-being by comparing channels through which freedoms affect quality of life. The book also explores whether the different conceptions of freedom complement or replace each other in the determination of the (...) level of well-being. In so doing, the authors make freedoms a tool for policy making and are able to say which conception is the most effective for well-being, as circumstances change. The results have implications for a justification of a free society: maximizing freedoms is good for its favorable consequences upon individual well-being, a fundamental value for the judgment of human advantage. (shrink)

In her fifth dystopian novel, The Heart Goes Last, Margaret Atwood portrays North America in the not so far future, in the wake of a global economic crisis. Parts of the country are in the state of complete chaos, subjected to a ruthless gang rule. The solution to the system's breakdown comes in the form of the socio-economic experiment that requires from its participants relinquishing their freedom as every other month they will spend in prison. The seemingly (...) preposterous experimental project enables Atwood to explore principal questions about the limits of our freedom in the times of an economic crisis or a neoliberal model of economy. The satirical form the novel takes, especially towards its end, helps the writer to decry people's over-willingness to give away their freedom and civil liberties in exchange for happy, uninterrupted consumption. The following article aims to demonstrate that the notion of freedom and free will permeate The Heart Goes Last, which is, in that respect, a politically and socially engaged satire. (shrink)

This article is concerned with four questions. How are decisions made in economic affairs? What role does freedom play in a market economy? How important is freedom in a market economy? How best to preserve freedom of economic initiative? Based on responses to those questions, we argue that a personalist economy with its reliance on intermediary groups and preservation of economic freedom represents an alternative to the individualism of capitalism and the collectivism of (...) socialism. The evidence presented breaks the stereotype of private group decision-making as collusive and demonstrates that a personalist economy is a functioning reality in the United States. (shrink)

What is freedom? Can we measure it? Does it affect policy? This book develops an original measure of freedom called 'Autonomy Freedom', consistent with J. S. Mill's view of autonomy, and applies it to issues in policy and political design. The work pursues three aims. First, it extends classical liberalism beyond exclusive reliance on negative freedom so as to take autonomous behavior explicitly into account. Second, it grounds on firm conceptual foundations a new standard in the (...) measurement of freedom that can be fruitfully coupled with existing gauges. Third, it shows empirically that individual preferences for redistribution and cross-country differences in welfare spending in Organisation for Economic Co-operation and Development countries are driven by the degree of 'autonomy freedom' that individuals enjoy. By means of an interdisciplinary approach and a sophisticated econometric methodology, the book takes an explicit stand in defense of freedom and sets the basis for a liberalism based upon people's actions and institutions. (shrink)

This edited volume of original contributions deals with the economic and political thought of Michael Polanyi. Requiring little prior knowledge of Polanyi, this volume further develops a somewhat neglected side of Polanyi's work. In particular it examines the 'tacit integration', of subsidiary details into focal objects or actions as central to all knowing and action. It traces ontological counterparts in the structures of comprehensive entities and complex actions, and a multi-level universe in which lower levels have their boundary conditions, (...) the extents to which they apply, determined by those of the next higher level, whilst each possessing its own laws or operative principles. This schema of 'dual control' preserves the reality and relative autonomy of each level, and its interactions with others, against the various reductions. The essays in this volume also employ and develop important additional concepts and distinctions such as: 'corporate' and 'spontaneous' order; 'public' and 'private' liberties; 'general' and 'specific authority'; and 'moral inversion'; which, as the essays show, are necessary for understanding and maintaining a free society and the freedom of institutions within it. Among the topics treated with them are: more of the prerequisites of freedom in public liberties dedicated to principles and transcendent values; totalitarianism and society as spontaneous order; the balance of general and specific authority in society and particular institutions; reductionism, totalitarianism and consumption in consumer societies, as moral inversions; the mutual interactions of economics and politics as distinct and autonomous but interacting levels; the sociological aspects of economics; and Polanyi's own contributions to sociology. Although, as indicated, Polanyi has his special terms, the essays in this volume, like his works, give them meaning with concrete examples and so avoid merely shuffling a mass of abstractions. Together the essays show that his work is a rich seam of ideas and inspiration for yet further extension and application--Publisher. (shrink)

Human life in contemporary society is extremely complex and there are various external factors that directly affect the realization in the individual ends. In this work I analyze the effects of the global market economy, manifested by a mode of production and distribution of goods and services in the form of a global network of economic relations, which involve people, transnational corporations and political and social institutions in moral sphere of people, affecting their choices and the realization of these (...) choices. Individual freedom can be understand as a freedom to realize our choices in the environment of a global economic market, but it is still problematic in the sense that the choices of goods and services available in this market do not reflect individual choices, but a set of preferences standardized according to the market itself. In this paper I will reflect about the individual freedom in economic globalization pointing from the debate between Pettit and Berlin that social freedom advocated by Republican Petit can be satisfactory for a start. (shrink)

This article begins by pointing out the difficulties involved by the insertion of freedom in economics: It poses epistemological problems that are not satisfactorily solved by the standard theories. The article suggests that the Aristotelian epistemological frame of practical rationality may be an apt position from which one can deal with freedom in economics. Aristotle's concepts of society and economics are first introduced. The role of virtues in achieving economic coordination is exposed. Then the corresponding concept of (...) practical science is described, showing its main characteristics and how they fit in with traditional political economy. The concept of value neutrality receives special attention in the article: A reinterpretation of the meaning of it is proposed. The article concludes that Aristotle's broad concepts of practical reason and science leave room for a more comprehensive notion of economics. (shrink)

Starting from a distinction made by the American philosopher, John Rawls, in 2000 between two kinds of liberalism, "liberalism of freedom" and "liberalism of happiness," this book presents a range of articles by economists and philosophers ...

This paper explores the historic philosophical contributions ofMill and Marx toward a comprehensive conception of intellectual freedomas a basic educational entitlement. In a perhaps surprising confluence,Marx's theory of a material base for freedom of thought is then extendedin a discussion of contemporary freedoms including, importantly,academic freedom and its implication for teaching, the profession andits training.

This paper sets out the way in which economists think about the role of government in the affairs of persons, and to indicate how Christian affections might bear on such questions. As economics sees it, the central issue at stake here revolves around the working properties of two alternative mechanisms for reaching social decisions-the decentralized mechanism characteristic of markets on the one hand; and the centralized or “collective” mechanisms characteristic of politics, on the other. This issue is itself an analytic (...) one, on which the Christian qua Christian would seem to have little to contribute. However, it may be that the terms in which economists think about the role of government are defective, or too narrow-or that the criteria of evaluation that economists have in mind are at odds with important themes in Christian Thinking. I have tried to suggest in what ways this might be so, and thereby the areas where dialogue between Christian and economist might most effectively be joined. (shrink)

This article offers a thorough analysis of the unintended impact economic sanctions have on political repression—referred to in this study as the level of the government respect for democratic freedoms and human rights. We argue that economic coercion is a counterproductive policy tool that reduces the level of political freedoms in sanctioned countries. Instead of coercing the sanctioned regime into reforming itself, sanctions inadvertently enhance the regime’s coercive capacity and create incentives for the regime’s leadership to commit political (...) repression. Cross-national time series data support our argument, confirming that the continued use of economic sanctions (even when aimed at promoting political liberalization and respect for human rights) will increase the level of political repression. These findings suggest that both scholars and policy makers should pay more attention to the externalities caused by economic coercion. (shrink)

Political Freedom after Economic Freefall and Democratic Revolt Can globalisation lead to more democracy? And if so, what concept of freedom lies at the basis of this development? The ideal of liberal freedom, supposedly exercised by the autonomous, rational individual is no longer tenable. Finding a new way of interpreting self-rule beyond self-interested choice has become a crucial aspect of regenerating democratic spirit. This paper formulates three comments on Winter’s paper. The first comment concerns the resemblance (...) between the attitudes of consumers and voters. A second comment reflects on the positive heritage of the Enlightenment. A third comment focuses on the recent Tahrir Square protests and reflects on the republican civic tradition. (shrink)

Bastiat belonged to the optimist French tradition of liberal economic thought. Following Jean-Baptiste Say, he argued that the market was immensely creative in the discovery of new opportunities for improving human well-being and creating social harmony. He also recognized the importance of the entrepreneur, who earned a profit in contrast to the capitalist who simply earned a return for his investment. Although he was no great theorist, Bastiat demonstrated with relentless informal logic the social value of freedom. This (...) is best exemplified in his demonstration of the virtues of free trade. Bastiat anticipated modern public choice theory with his argument that people tried to use the coercive power of the state to get what they would not achieve by market transactions. He was also concerned with the moral virtue of liberty and in his final work, The Law, he showed how the modern system of law had been perverted. Instead of protecting individual rights it had become an instrument of plunder. Socialism was most malevolent form of plunder.Bastiat appartenait à la tradition optimiste française de la pensée économique libérale. Dans la lignée de Jean-Baptiste Say, il considérait que l’économie de marché recelait une créativité significative ouvrant sur la découverte de nouvelles opportunités permettant d’améliorer le bien-être humain et donnant parallèlement lieu a une harmonie sociale. Bastiat avait aussi conscience de l’importance de l’entrepreneur, celui qui glane des profits contrairement au capitaliste qui perçoit simplement une rémunération pour ses investissements. Bien que n’étant pas un très grand théoricien, Bastiat démontre avec une logique informelle implacable la valeur sociale de la liberté. La meilleure illustration en est sa démonstration des vertus du libre-échange. Bastiat anticipe la théorie moderne des décisions publiques quand il argumente que les individus essayent d’utiliser le pouvoir coercitif de l’Etat pour obtenir ce qu’ils ne peuvent obtenir à travers les transactions marchandes. Bastiat était aussi préoccupé par la vertu morale de la liberté et dans son dernier ouvrage, La Loi, il montre de quelle manière le système juridique moderne a été perverti. Au lieu de protéger les droits individuels, ce système est devenu un instrument de pillage public et le socialisme est la forme la plus pernicieuse de ce pillage. (shrink)

Does the interaction between climactic demands, monetary resources, and freedom suggest a more general relationship between the environmental challenges that human societies face and their resources to meet those challenges? Using data on press freedom (Van de Vliert 2011a), we found no evidence of a similar interaction with natural resources (as measured by oil exports) or risk for natural disasters.

Milton Friedman was one of the most influential economists of the twentieth century. Many of the neo-liberal views that he advocated were adopted in the 1980’s by Western countries such as Britain and the United States. This essay focuses on Friedman’s views on politics, economics and freedom. The first section discusses his perspectives on the relation between capitalism and freedom, the nature of markets, his understanding of equality and of the social responsibility of business. The second section attempts (...) to provide an ethical critique on Friedman’s separation between economics and ethics, his concept of the market, his views on freedom and equality and the implications of his economic doctrine for human identity. The third section offers some key ethical principles that may help to reform modern capitalism. (shrink)

The book examines the relation of individual freedom to the economic arrangements of society. It explores both the theory and practice of the competing paradigms of capitalism and socialism, as well as the moral frameworks—justice and social justice—correlative to them.

Even though Patrick Suppes made important contributions to utility theory, his final views on economic choice are quite critical of the expected-utility theories of rational choice. The aim of the present paper is to expose in a unified way his final views on economic choice and freedom. These views are part of his conception of causality and rationality.

The present paper probes the relation between the metaphysics of human freedom and the Rothbardian branch of Austrian economics. It transpires that Rothbard and his followers embrace metaphysical libertarianism, which holds that free will is incompatible with determinism and that the thesis of determinism is false as pertaining to human action. However, as we demonstrate, their economics with its reliance on value scales requires for its tenability compatibilist freedom. Moreover, we attempt to show that the notion of value (...) scales (or preferences) postulated by them implies that value scales are determinative of choices people make. We contend that it is for this reason that the said Austrians should jettison their metaphysical libertarianism. (shrink)

If "slavery" is defined broadly to include bonded child labor and forced prostitution, there are upward of 25 million slaves in the world today. Individuals and groups are freeing some slaves by buying them from their enslavers. But slave redemption is as controversial today as it was in pre-Civil War America. In Buying Freedom, Kwame Anthony Appiah and Martin Bunzl bring together economists, anthropologists, historians, and philosophers for the first comprehensive examination of the practical and ethical implications of slave (...) redemption. While recognizing the obvious virtue of the desire to buy the freedom of slaves, the contributors ask difficult and troubling questions: Does redeeming slaves actually increase the demand for--and so the number of--slaves? And what about cases where it is far from clear that redemption will improve the material condition, or increase the real freedom, of a slave? Buying Freedom includes essays by the editors and by Dean Karlan and Alan Krueger, Carol Ann Rogers and Kenneth Swinnerton, Arnab Basu and Nancy Chau, Stanley Engerman, Jonathan Conning and Michael Kevane, Jok Madut Jok, Ann McDougall, Lisa Cook, Margaret Kellow, John Stauffer, and Howard McGary. (shrink)

In this examination of the practical and ethical implications of slave redemption the authors deal with questions such as: Does redeeming slaves actually increase the demand for -and so the number of- slaves? And what about cases where it is far from clear that redemption will improve the material condition or increase the real freedom, of a slave?

The economic theory of the consumer, which assumes individual satisfaction as its goal and individual freedom to pursue satisfaction as its sine qua non, has become an important ideological element in political economy. Some have argued that the political dimension of economics has evolved into a kind of “secular theology” that legitimates free market capitalism, which has become a kind of “religion” in the United States [Nelson: 1991, Reaching for Heaven on Earth: The Theological Meaning of Economics. (Rowman (...) & Littlefield Publishers, Inc, Savage, Maryland); 2001, Economics as Religion: From Samuelson to Chicago and Beyond (The Pennsylvania State University Press, University Park, Pennsylvania); Thurow: 1983, Dangerous Currents: The State of Economics (Random House, New York); Milbank: 1990, Theology and Social Theory, Beyond Secular Reason (Basil Blackwell, Cambridge, Massachusetts)]. Consumer theory in its ideological form provides an important base for this religion and is no longer merely a positive framework for understanding consumer choice or estimating market demand. The paper explores the view of the human being, the “anthropology,” that is implicit in the economic theory of the consumer and compares its “theological” implications with the corresponding theological anthropologies in the Judaeo-Christian tradition. The paper outlines the assumptions of consumer theory and then focuses on three aspects of the theory from a critical theological perspective: the individual in community, property ownership, and human destiny (or “eschatology” in theological terminology). The principal conclusion is that consumer theory, viewed from this perspective, leads to a reductionist and existentially harmful view of human beings. The maximization of individual satisfaction raises genuine ethical issues when viewed as a political and religious value. The paper argues that the issues could be ameliorated if economists would include more explicit treatment of a social dimension and ethical alternatives in consumer theory and if theologians would give greater attention to economic theory. (shrink)