Derailed by Orient express

OF ALL the insights that Friedrich August von Hayek bequeathed to us, one in particular shines out today. It is that running through the ideological and political divisions of human history are two distinct and different ways of looking at the world. One Hayek called constructivist rationalism; the other evolutionary rationalism.

Hayek spent a lifetime arguing that constructivist rationalism is economically and philosophically flawed because it assumes that "all social institutions are, or ought to be, the product of deliberate design". He later called this The Fatal Conceit....