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Dr. Edward's on Friedrich Hayek's lecture

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Uploaded by on Dec 14, 2007

Lee Edwards, Ph.D., a Distinguished Fellow in Conservative Though in the B. Kenneth Simon Center for American Studies, reflects on 1,000 Heritage lectures and the difference they made. The event took place at The Heritage Foundation on Dec. 14, 2007.

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  • Interestingly this apparent contradiction in Hayek's thought (utilitarian capitalist vs mores according to successfully eudemonic tradition) elucidates the seemingly unrecognised yet salient difference between Burkean dislike of rationalism/confident amoralist utilitarianism and the apparently contradictory Burkean dislike of general principles (the latter is why Keynes liked Burke; real 'irrationalism!') so Hayek favoured discovering the principles causal of good effect not Benthamite amorality

  • Hayek only rejects direct utilitarian ethics because he thinks they are useless in the face of our ignorance. Hayeks ethics are a kind of indirect or system utilitarianism that values the family for its survival value through the maintanance of capitalist civilization.(division of labour ect)

  • Is Dr. Edwards aware of the fact that Hayek was not a conservative? He wrote an essay titled, Why I'm not a conservatie.

  • Important insight.

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