Wednesday, December 28, 2005

Hayek's Road to Serfdom notes

I just finished reading The Road to Serfdom by F. A. Hayek. I think I will need to read it again someday. I get the general idea, and took extensive notes. It definately inspired some thought. These are some of the things I wrote in the margins:

Do we want freedom from men or from responsibility? This seems to be the question of every teenager. Do I want free from Dad? Then i must face responsibility and provide for myself. Do I want to be free from responsibility? Then I must go back home and live by Dad's rules. No wonder dictators paint themselves as fathers. Trouble is, too many peoples are content to remain children rather than mature into free men.

"The systematic study of the forms of legal institutions which will amke the competitive system work efficiently has been sadly neglected." This is something I want to look into more, through studying the development of common law. There are a couple of books on my shelf that I hope will increase my understandin: The Enterprise of Law, and To Servae and Protect, both by Bruce Benson. The Common Law, by Holmes, and Justice Scalia's book about the common law.

Fanatics dislike prices because they see prices as an obstacle to achieving their specialty.

Hayek utilizes a teleological view of history which I find unnecessary and cumbersome.

Rule of Law killed privilege. Equality before the law must be achieved by the law, not by legislation.

Independance of the judiciary is essential.

Hayek doesn't consider the church to be a social force, hence he resorts to some cases of government welfare for those who are in need.

Social security raises the cost of private insurance, leaving more people with less.

Mindsets are important. Pagan mentalities seek to always appease gods to achieve security. Monotheists give up this mindset for a new one, desirous of liberty for all.

Safety is privilege. People are often more protective of privileges than rights.

Hayek gets it wrong in much of chapter 10 because he does not recognize the true source of liberty - Christ. He has values, not virtues.

Hayek considers certain things to be inevitable. Nothing is inevitable but that Christ will return.

Pagans always hate monotheists. Monotheists allow pluralism.

There is no human dignity under collectivism.

How many free market thinkers out there get into the economics of things, but fail to recognize the connection to law? How many more fail to recognize the further connection to ethics?

Dictatorships are focused on the whims of one person. "The person of this leader" is unknowable and fickle. Jesus, on the other hand, has an unchageable character.

Taxing a monopoly doesn't fix it, it installs it.

The tendency to desire central control is fueled by a desire for freedom from responsibility: in a word, a desire for licence. Responsibility is a wholly monotheistic concept. Paganism seeks the appeasement of various gods. Monotheism demands conformity to a higher moral standard which matches the character of that one god.

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