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Friedrich Hayek argued that market economies, promote spontaneous order and that this allows for a more adequate split of resources that any plan could devise. As a result of decentralized individual decisions a spontaneous allocation of goods and services throughout the nation.

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9y ago
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2w ago

Adam Smith, a Scottish economist and philosopher, argued in his book "The Wealth of Nations" that a free market guided by the invisible hand of self-interest would naturally regulate itself and lead to optimal economic outcomes without much government intervention.

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Q: What philosopher argued that a free market would regulate itself with little government involvement?
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Who was the philosopher that did not believed in democracy?

One notable philosopher who did not believe in democracy was Plato. In his work "The Republic," he argued that democracy was a flawed form of government, believing instead in a philosopher-king ruling society.


What philosopher wrote that the purpose of government is to secure citizens lives and property?

John Locke, an influential English philosopher, argued that the purpose of government is to protect the natural rights of life, liberty, and property. He believed that individuals have these rights inherently and that government exists to secure them.


Who was the philosopher that talked about natural rights?

John Locke is a philosopher known for discussing natural rights, particularly in his work "Two Treatises of Government." He argued that individuals have inherent rights to life, liberty, and property that should be protected by the government.


Which philosopher argued that government holds its authority only with the consent of the people?

John Locke argued that government holds its authority only with the consent of the people. He believed that individuals have natural rights that should be protected, and that government exists to secure these rights through the consent of the governed.


Who was the eighteenth century English philosopher who theorized that the right to rule came from the consent of the governed?

The philosopher you are referring to is John Locke. He argued that legitimate government authority is derived from the consent of the people who are governed, and that individuals have certain natural rights that the government must protect.

Related questions

Which philosopher argued that government holds its authority only with the consent of the people?

John Locke argued that government holds its authority only with the consent of the people. He believed that individuals have natural rights that should be protected, and that government exists to secure these rights through the consent of the governed.


What philosopher wrote that the purpose of government is to secure citizens lives and property?

John Locke, an influential English philosopher, argued that the purpose of government is to protect the natural rights of life, liberty, and property. He believed that individuals have these rights inherently and that government exists to secure them.


Who was the philosopher that talked about natural rights?

John Locke is a philosopher known for discussing natural rights, particularly in his work "Two Treatises of Government." He argued that individuals have inherent rights to life, liberty, and property that should be protected by the government.


What English philosopher argued that people have the right to rebel against a tyrannical government?

John Locke and Thomas Jefferson put that in the Declaration of Indpendence.


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The philosopher who argued that pleasure is the standard of moral judgment was?

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Zeno, a Greek Philosopher


Which enlightnment philosopher argued that the people should be treated equally and they had the right to change their government if their government if it was not protecting their rights?

John Locke stated something close to this, but it was Thomas Jefferson who wrote that in the Declaration of Independence.


What philosopher taught that reason was most important in government?

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Who believed that government should be ruled by Philosopher Kings?

The belief that government should be ruled by philosopher kings is attributed to the ancient Greek philosopher Plato. In his work "The Republic," Plato argued that those with the most wisdom and knowledge should govern society, as they would make decisions for the good of all.


What philosopher believed in separation of the church?

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