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Comments on: Good question! http://www.tvhe.co.nz/2008/08/28/good-question/ The Visible Hand in Economics Wed, 27 Aug 2008 22:29:03 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: goonix http://www.tvhe.co.nz/2008/08/28/good-question/#comment-2272 Wed, 27 Aug 2008 22:29:03 +0000 http://tvhe.wordpress.com/?p=1001#comment-2272 Now I see what you’re saying, it is consistent.

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By: Matt Nolan http://www.tvhe.co.nz/2008/08/28/good-question/#comment-2271 Wed, 27 Aug 2008 22:19:40 +0000 http://tvhe.wordpress.com/?p=1001#comment-2271 “You are in the ’social freedom’ category (libertarian, or south of the compass). You are not in the ‘economic freedom’ part of the compass though (the right).”

Indeed, that is what I was agreeing to.

As I said in the post – economists default to a position of “freedom is good”, that is part of the inherent “bias” in our discipline.

As a result, if I don’t understand something I move to this default position – which is the case in the social category.

When it comes to economic/trade issues I do have some small level of knowledge. This knowledge allows me to move past my initial default position and recognise some of the other issues. On weighing these up I end up a smidgen to the left in the economic category.

As a result, my position is completely consistent with the reasoning I’ve provided. If someone painted civil liberty issues in the same frame as economic issues I may end up less “blanket liberal”.

Note The reason that economists that are like me are willing to constrain freedom in trade is because of issue that we believe influence other peoples “liberty”. In other words, it is not that we are trying to say “liberty is bad” in any sense – we are just accepting that complete economic freedom does not imply that welfare, or peoples liberty will be maximised. Government has a role in promoting liberty – as well as a role constraining it.

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By: goonix http://www.tvhe.co.nz/2008/08/28/good-question/#comment-2268 Wed, 27 Aug 2008 22:12:34 +0000 http://tvhe.wordpress.com/?p=1001#comment-2268 You are in the ‘social freedom’ category (libertarian, or south of the compass). You are not in the ‘economic freedom’ part of the compass though (the right).

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By: Matt Nolan http://www.tvhe.co.nz/2008/08/28/good-question/#comment-2270 Wed, 27 Aug 2008 22:08:25 +0000 http://tvhe.wordpress.com/?p=1001#comment-2270 “(sorry Matt, but I believe you fell into the latter 😛 )”

Indeed I did 🙂

And as I’ve discussed in this post – this bias may be because I understand issues of trade more than I understand issues of civil liberties, a point I am more than willing to concede.

However, also it might stem from their being some fundamental difference in the issues – if I understood more about these issues I might be able to state why 🙂

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By: goonix http://www.tvhe.co.nz/2008/08/28/good-question/#comment-2269 Wed, 27 Aug 2008 21:49:30 +0000 http://tvhe.wordpress.com/?p=1001#comment-2269 I was actually thinking about this issue just the other day. I can’t see how anyone can seriously say they are pro-freedom in the market and not be pro-freedom on social issues, and vice versa. Tying it into the political compass ( http://en.wikipedia.org/wiki/Political_compass ) discussion the other week, anyone in the ‘Authoritarian right’ or ‘Libertarian left’ sections are, to some degree, hypocritical (sorry Matt, but I believe you fell into the latter 😛 ).

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By: ezineaerticles » Blog Archive » Good question! http://www.tvhe.co.nz/2008/08/28/good-question/#comment-2267 Wed, 27 Aug 2008 20:14:54 +0000 http://tvhe.wordpress.com/?p=1001#comment-2267 […] Original post by Matt Nolan […]

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