Economic reductionism...


...seems to be all too common in the freedom community these days, probably as an over-reaction to our culture's incessant attacks on capitalism and the free market.


But economics is only one piece of the puzzle, and cannot be forced into duties it was never intended to perform. Economics can't replace philosophy; a solely economic worldview is barren and lacks the sustenance required to satisfy the totality of man's nature.


A comprehensive philosophy of liberty and human flourishing will both sustain us and attract others to join us in our pursuit of happiness. There is certainly a time and place for economic arguments and analysis, but it is detrimental to be economically-minded to the degree that the concept of non-monetary profit seems strange.

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