For example, there are liberals who believe that economics is the field through which all problems are resolved and that the free market is the panacea for everything from poverty to unemployment, marginalization and social exclusion. These liberals, true living algorithms, have sometimes generated more damage to the cause of freedom than did the Marxists, the first champions of the absurd thesis that the economy is the driving force of the history of nations and the basis of civilization. It simply is not true. Ideas and culture are what differentiate civilization from barbarism, not the economy. The economy by itself, without the support of ideas and culture, may produce optimal results on paper, but it does not give purpose to the: lives of people; it does not offer individuals reasons to resist adversity and stand united with compassion or allow them to live in an environment permeated in humanity. Mario Vargas Llosa[ Café Hayek | Mises.org | full lecture]
For example, there are liberals who believe that economics is the field through which all problems are resolved and that the free market is the panacea for everything from poverty to unemployment, marginalization and social exclusion. These liberals, true living algorithms, have sometimes generated more damage to the cause of freedom than did the Marxists, the first champions of the absurd thesis that the economy is the driving force of the history of nations and the basis of civilization. It simply is not true. Ideas and culture are what differentiate civilization from barbarism, not the economy. The economy by itself, without the support of ideas and culture, may produce optimal results on paper, but it does not give purpose to the: lives of people; it does not offer individuals reasons to resist adversity and stand united with compassion or allow them to live in an environment permeated in humanity. Mario Vargas Llosa[ Café Hayek | Mises.org | full lecture]
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For example, there are liberals who believe that economics is the field through which all problems are resolved and that the free market is the panacea for everything from poverty to unemployment, marginalization and social exclusion. These liberals, true living algorithms, have sometimes generated more damage to the cause of freedom than did the Marxists, the first champions of the absurd thesis that the economy is the driving force of the history of nations and the basis of civilization. It simply is not true. Ideas and culture are what differentiate civilization from barbarism, not the economy. The economy by itself, without the support of ideas and culture, may produce optimal results on paper, but it does not give purpose to the: lives of people; it does not offer individuals reasons to resist adversity and stand united with compassion or allow them to live in an environment permeated in humanity. Mario Vargas Llosa[ Café Hayek | Mises.org | full lecture]
For example, there are liberals who believe that economics is the field through which all problems are resolved and that the free market is the panacea for everything from poverty to unemployment, marginalization and social exclusion. These liberals, true living algorithms, have sometimes generated more damage to the cause of freedom than did the Marxists, the first champions of the absurd thesis that the economy is the driving force of the history of nations and the basis of civilization. It simply is not true. Ideas and culture are what differentiate civilization from barbarism, not the economy. The economy by itself, without the support of ideas and culture, may produce optimal results on paper, but it does not give purpose to the: lives of people; it does not offer individuals reasons to resist adversity and stand united with compassion or allow them to live in an environment permeated in humanity. Mario Vargas Llosa[ Café Hayek | Mises.org | full lecture]