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First meeting of the Hayek Discussion Group this term will take place on Tuesday, 13 November (7:30pm) in Lecture Room 2, Christ Church College. (Facebook event.)

Speaker:
Justin E. Lane, D.Phil. student in the Institute of Cognitive and Evolutionary Anthropology, University of Oxford

Topic:
“Evolution and governmental policies: How the process of natural selection can serve as a basis for fiscal policy.”

Abstract:
Many scientific theories can, and have, been used to inform political thought. I would like to propose that evolution by natural selection can inform the formation of policies in capitalist economies. As the basis for this argument, I would defend that capitalist free markets are the most “well-suited” or “natural” forms of economies as they are operational analogies to natural processes. This knowledge of evolution can be particularly informative in discussions of authority and law, but this discussion will concentrate on its theoretical application to the idea of “the free market” and how, if left alone, it will act in a naturally selective manner not unlike evolutionary processes in the animal kingdoms. I would also like to raise the question, when-or if-, it is appropriate for governmental bodies to ever step in to guide this process in a more controlled selection process. In conclusion, the interplay between fiscal policy –including energy policy and resource allocation- inform national security interests and how a similar foundation can begin to inform these issues as well.

How to get to Lecture Room 2:

We are still accepting submissions for this year’s Hayek Discussion Group – for more information please visit: https://oxfordhayek.org.uk/hayek-discussion-group/