Jerry Z. Muller said this quote

“ Burke's admonition--The effect of liberty to individuals is, that they may do what they please: We ought to see what it will please them to do, before we risk congratulations--never seems to have occurred to Hayek. The Arnoldian ideal of the disinterested intellectual willing to criticize one side and then the other in order to create balance and counteract the one-sidedness that led toward fanaticism: That, too, was as alien to Hayek as it had been to Marcuse. If it was partisanship that led Hayek to push forward intellectually to new insights, it was also partisanship that kept him from a balanced and rounded philosophy.Perhaps a familiarity with the best that has been thought and said about the market will aid us in obtaining a more disinterested and informed perspective. Such a perspective might well begin with Hayek's insights. But it would by no means end with them. p. 387 ”

Famous Quotes of Jerry Z. Muller

Famous quotes of Jerry Z. Muller from the classy quote

See all

Yet despite...accommodations with commerce, Möser regarded the market as primarily a threat--to the artisanal citizens of the town, to the traditional wants of the peasantry, and to the political structure to society, since it created a growing class of people outside the traditional paternalistic relations of the countryside. Möser's conception of contemporary political and economic trends in Osnabrück was essentialy tragic and tinged with that idealization of the past that would later be called romantic. Möser's heroes were the artisan-citizen and the independent peasant, his villains the shopkeeper and the peddler.

~ Jerry Z. Muller

...capitalism is too important and complex a subject to be left to economists. Achieving a critical comprehension of it requires perspectives beyond those characteristic of modern economics. That is why this is a history not of economic ideas, but of ideas beyond the capitalist economy.

~ Jerry Z. Muller