All posts by Alexander William Salter

Georgie G. Snyder Associate Professor of Economics, Rawls College of Business Comparative Economics Research Fellow, Free Market Institute Texas Tech University www.awsalter.com

The American Tradition of Ordered Liberty

“Jerusalem, Athens, Rome, London—these are the antecedents of ordered liberty in America. Each tradition left its mark on American social and political institutions, and continue to influence them today.”

https://www.aier.org/article/the-american-tradition-of-ordered-liberty/

A Method, Not a Subject: Liberal Economics and the Classics

“A liberal curriculum can and should include liberal economics.  Both make sense only if we refuse to interpret the past under the assumption that our ancestors were morons.  Committing to rational choice, which in my framework is synonymous with liberal economics, is how we treat the Great Books with the respect they deserve.”

https://egnatiavia.blogspot.com/2020/10/a-method-not-subject-liberal-economics.html

A Wealth-and-Welfare Reading of Hesiod’s Works and Days

“A conventional economic analysis of the text—that is, one concerned primarily with wealth and welfare—focuses on the many lines devoted to labor, mercantile activity, law, and prudence.  Wealth-and-welfare economists will be drawn to these subjects because they most clearly embody conventional economic concerns with production and distribution, as well as the rules governing these processes.”

https://egnatiavia.blogspot.com/2020/09/a-wealth-and-welfare-reading-of-hesiods.html

Universalizing Economics

“If economics only applied to circumstances favoring avaricious behavior, it would be wholly proper for scholars of the humane disciplines to hold economics in contempt.  Fortunately for economists, the antecedent is false.”

https://egnatiavia.blogspot.com/2020/09/universalizing-economics.html

The Path to Liberal Economics

“Economics can and must be used to make sense of the human condition.  The unity-in-diversity—one might say the catholicity—of human society is rendered intelligible by the rationality postulate.”

https://egnatiavia.blogspot.com/2020/08/the-path-to-liberal-economics.html

Illiberal Economics: The USe and Abuse of Rationality

Economists sometimes use rationality in an illiberal way. When they do so, they cease being students of society, and assume the roles of would-be saviors. But this is just hubris: https://egnatiavia.blogspot.com/2020/08/illiberal-economics-use-and-abuse-of.html

“Nothing Human is Alien to Me”: The Liberality of Rational Choice

What makes economics a liberal discipline? Answer: the rationality postulate. Armed with rational choice, the economist can confidently say, “Nothing human is alien to me”: https://egnatiavia.blogspot.com/2020/08/nothing-human-is-alien-to-me-liberality.html