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Cato Daily Podcast

Revisiting The Constitution of Liberty

Cato Daily Podcast

Caleb Brown

Politics, News Commentary, 424708, Libertarian, Markets, Cato, News, Immigration, Peace, Policy, Government, Defense

4.6949 Ratings

🗓️ 6 January 2025

⏱️ 12 minutes

🧾️ Download transcript

Summary

Hayek's The Constitution of Liberty is worth revisiting in part because of its call for a liberalism that takes seriously the contributions of fields well beyond economics. Paul Meany explains why that's important.

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Transcript

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0:00.0

This is the Cato Daily podcast for Friday, January 3rd, 2025.

0:09.3

I'm Caleb Brown.

0:10.2

Liberalism and libertarianism describe a world that is ordered without human design.

0:14.9

In the Constitution of Liberty, Frederick Hayek challenged some of the narrow focus of liberals on economics without appreciating contributions from a

0:22.4

much wider range of fields. I spoke with Paul Meaney about the deep moral traditions that can

0:28.5

emerge to create and sustain the free society. So nominally, we are here to discuss the Constitution

0:37.3

of Liberty, but really the Constitution of Liberty, but really the Constitution

0:40.0

of Liberty, a wonderful book that I've read small pieces of, is really just a ruse to talk about

0:50.9

something else entirely.

0:51.8

So when you are thinking about in the context of our

0:56.1

broader discussion, the Constitution of Liberty, what stands out to you? Well, Constitutional

1:00.6

Liberty written by Hayek in the 60s, it's a little bit different from Hayek's other works,

1:05.4

because Hayek is mainly known as an economist. Famously, he won the Nobel Prize in economics.

1:11.1

But Hayek is not writing a solely economic book. And if we had the chance to talk about

1:16.9

Constitution of Liberty in its entirety, it would take hours, possibly days. It's a long book,

1:22.9

but it's also a dense book. It's filled with footnotes, filled up digressions, discussions,

1:26.8

all of these things. But what I find most interesting about it is something that I think we can talk about in a short book. It's filled with footnotes, filled with digressions, discussions, all of these things.

1:28.1

But what I find most interesting about it is something that I think we can talk about in a shorter

1:31.9

period of time is Hayek's approach. Hayek is mainly known as an economist, but the book split up

1:37.1

into three parts. The first part deals with basic philosophical principles behind liberalism,

1:42.7

the second deals with the legal development and history

1:45.0

behind it, and only really when you get to the third part of the book is it dealing in solely

...

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