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4min chapter
Caldwell: Hayek's Intellectual Journey
The Answer Is Transaction Costs
Exploring the Foundations of Liberal Thought and Challenges in Articulating Ideals
Exploring the intellectual journey towards articulating the principles of a liberal society post-World War II, and the challenges in defining the society's purpose. Drawing parallels to the contemporary need to make a moral case for capitalism in light of rising socialist sentiments among young Americans.
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