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Scruton Gets Mises and Free-Market Ideologies Wrong

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10/02/2013

At The American Conservative today, philosopher Roger Scruton correctly notes that "[t]he free market is a necessary part of any stable community, and the arguments for maintaining it as the core of economic life were unanswerably set out by Ludwig von Mises." Scruton then goes off course when he claims that "[t]he free-market ideologues take one instance of spontaneous order, and erect it into a prescription for all the others. They ask us to believe that the free exchange of commodities is the model for all social interaction."

Scruton is of course restating one of the six myths of libertarianism addressed by Murray Rothbard here.

Ryan McMaken (@ryanmcmaken) is a senior editor at the Mises Institute. Send him your article submissions for Mises Wire and The Austrian, but read article guidelines first. Ryan has degrees in economics and political science from the University of Colorado, and was the economist for the Colorado Division of Housing from 2009 to 2014. He is the author of Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.

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