Sorry, I missed one: Formal and informal institutions are in fact material conditions. This is the purpose of Hayek’s insights: So that we do not engage in self-deception as by Marx’s cherrypicking. Instead, in formation, institutions, habits, norms, and traditions are assets.
Source date (UTC): 2022-11-21 16:26:21 UTC
Original post: https://twitter.com/i/web/status/1594728935367282688
Reply addressees: @Freesmith @dr_duchesne
Replying to: https://twitter.com/i/web/status/1594389553196015616
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