Why the capitalist revolution, why the modern world?

McCloskey, Clark, Ridley and Feinstein provide answers.

Reagan Reads Hayek

Reagan greets Hayek in the White House

From Steven Hayward, The Age of Reagan, 1964-1980, The Fall of the Old Liberal Order, p. xxii:

“Lee Edwards recalls being once left along in Reagan’s study while then-Governor Reagan went to the kitchen to prepare cocktails.  Edwards began browsing Reagan’s bookshelves, and was astonished to find . . . → Read More: Reagan Reads Hayek

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I doubt whether statistics [as they are used by economists] ever can be used for Popperian purposes of falsifying a theory because statistical data — as such — never occur to the theory, therefore we cannot falsify the theory statistically. — F. A. Hayek

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