Professor C.B. MacPherson in his short book Burke raised what he thought was a inconsistency between Edmund Burke’s political philosophy and his ideas on economics. Joseph Pappin III takes up the challenge in this paper and provides a convincing case on how the two can be reconciled in the natural law. Joseph Pappin’s book The Metaphysics of Edmund Burke is the only book devoted to the subject (metaphysics). Highly recommended.
THE PLACE OF LAISSEZ-FAIRE ECONOMICS IN EDMUND BURKE’S POLITICS OF ORDER
The Austrian Scholars Conference, March 2002
By Joseph Pappin III, University of South Carolina
President of The Edmund Burke Society of America
I wish to focus upon what until now has been a largely unanswered question: “What is the relationship between Burke’s economic theory and his political theory?” The implications of this question and the built-in assumptions are that Burke’s political economy is entirely libertarian, stressing laissez-faire principles in a free-market setting, and that his political philosophy emphasizes order, hierarchy, tradition – all of which comprise a conservative world-view, recalcitrant towards change, prizing order and virtue over economic liberalism.Continue reading The Place of Laissez-Faire Economics in Edmund Burke’s Political Order