Posts in History
Words Worth Noting - August 29, 2024

“I do not find myself often agreeing with the late Lord Keynes, but he has never said a truer thing than when he wrote, on a subject on which his own experience has singularly qualified him to speak, that ‘the ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back. I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas. Not, indeed, immediately, but after a certain interval; for in the field of economic and political philosophy there are not many who are influenced by new ideas after they are twenty-five or thirty years of age, so that the ideas which civil servants and politicians and even agitators apply are not likely to be the newest. But soon or late, it is ideas, not vested interests, which are dangerous for good and evil.’”

Friedrich Hayek “‘Free’ Enterprise and Competitive Order” in Individualism and Economic Order

Words Worth Noting - August 22, 2024

“We do not merely study the past: we inherit it, and the inheritance brings with it not only the rights of ownership, but the duties of trusteeship. Things fought for and died for should not be idly squandered. For they are the property of others, who are not yet born.”

Roger Scruton, emailed by a friend and widely quoted online

Words Worth Noting - August 21, 2024

“When it [Queen’s University] opened its first classes in 1842, its first professor, the Reverend Peter Colin Campbell, taught classical literature. In its Memorial Room to the school’s war dead, there is an inscription around the wall, from Wordsworth, another provocative conditional: ‘We must be free or die, who speak the tongue that Shakespeare spake; the faith and morals hold which Milton held.’”

Joseph Brean in National Post January 26, 2024 [heckling the way Queen’s was handling its funding crisis].