Society, Economics, And Philosophy by Michael Polanyi

A compact collection of essays arguing that economic life and social order depend on decentralized, spontaneous coordination rather than centralized planning; it defends a liberal social framework in which personal knowledge, tradition, and moral obligations underpin markets and professions, critiques technocratic and scientistic attempts to redesign society, and stresses that freedom, responsibility, and enduring institutions are necessary preconditions for a prosperous and humane social order.

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