Is the Market a Test of Truth and Beauty?

(Jacob Rumans) #1

Ȃȃȅ Partʺʺ: Politics and Philosophy


accords with human nature and with the sort of society in which people
have good chances for cooperating effectively as they pursue happiness in
their own specific ways. Ludwig von Mises and Henry Hazlitt, follow-
ing David Hume, have persuasively argued that social cooperation is such
an indispensable means to people’s pursuit of their own diverse specific
goals that it deserves recognition practically as a goal in its own right.ȂȂ
Considerations like these merit respect again in appraisals of government
regulation.


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ȂȂSee Ludwig von MisesȀȈȃȈandȀȈȄȆ, esp. pp.ȄȆ–Ȅȇ; and Henry HazlittȀȈȅȃ. An
emphasis on social cooperation as a near-ultimate criterion, if not the use of the term,
traces back at least as far as Ļomas Hobbes.

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