Hayek’s Modern Family: Classical Liberalism and the Evolution of Social Institutions PDF
Preview Hayek’s Modern Family: Classical Liberalism and the Evolution of Social Institutions
Hayekk’s Moddern Familly Hayekk’s Moddern Familly Classical Liberalism and the Evolution of Social Institutions Steven Horwitz HAYEK’SMODERNFAMILY Copyright © Steven Horwitz, 2015. Softcover reprint of the hardcover 1st edition 2015 978-1-137-44822-4 All rights reserved. Chapter 6 was originally published as “Heterogeneous Human Capital, Uncertainty, and the Structure of Plans: A Market Process Approach to Marriage and Divorce” (with Peter Lewin), Review of Austrian Economics, 21 (1), March 2008, pp. 1–21. Republished with the kind permission of Springer Science+Business Media First published in 2015 by PALGRAVE MACMILLAN® in the United States— a division of St. Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010. Where this book is distributed in the UK, Europe and the rest of the world, this is by Palgrave Macmillan, a division of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS. Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries. ISBN 978-1-349-56247-3 ISBN 978-1-137-44823-1 (eBook) DOI 10.1057/9781137448231 Library of Congress Cataloging-in-Publication Data Horwitz, Steven. Hayek’s modern family : classical liberalism and the evolution of social institutions / Steven Horwitz. pages cm Includes bibliographical references and index. 1. Families—Economic aspects. 2. Liberalism. 3. Economics—Sociological aspects. I. Title. HQ515.H68 2015 306.85—dc23 2015009755 A catalogue record of the book is available from the British Library. Design by Newgen Knowledge Works (P) Ltd., Chennai, India. First edition: September 2015 10 9 8 7 6 5 4 3 2 1 For Andrew and Rachel. May your children bring to you the joy and pride you have brought to me Contents List of Figures and Tables ixx AAcknowledgments xi Part I Classical Liberalism and the Evolution of Social Institutions 1 Introduction: The Family and Classical Liberalism 3 2 Two Sorts of Worlds at Once 21 Part II Capitalism and the Creation of the Modern Family 3 The Family in a World of Poverty 51 4 Capitalism and the Emergence of the Modern Family 79 5 Gender and Family in the Twentieth Century 101 Part III The Twenty-First-Century Family 6 Marriage, Divorce, and the Market Process 137 7 The Family in a World of Abundance 161 8 Why Parenting Matters: The Importance of Play, Risk, and Failure for Classical Liberalism 183 Part IV Classical Liberalism and Family Policy 9 Knowledge, Incentives, and Parental Rights: A Framework for Classical Liberal Family Policy 209 10 Classical Liberalism and the Contemporary Evolution of Marriage 241 Notes 265 References 293 Indexx 303 Figures andd Tabblles Figures 6.1 Types of human capital 143 8.1 Corner solution thinking 187 Tables 7.1 Labor time cost of Sears catalog goods 163 7.2 Frequency of various consumer goods in households below the poverty line vs. all US households 164
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