Licence to be Bad book cover

Licence to be Bad by Jonathan Aldred Summary

Licence to be Bad
Jonathan Aldred
4.08 (296 Reviews)
Economics
Philosophy
Finance
Panoramica
Punti Chiave
Autore
Domande Frequenti

Overview of Licence to be Bad

How economics became a moral poison - Cambridge economist Jonathan Aldred reveals how Friedman, Hayek, and others normalized selfishness as rational behavior. Praised by Ha Joon Chang as "going to change the way we understand economics, politics, and society."

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Punti chiave

1

When the Game Changed and We Didn't Notice

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Think back to 1945. A dairy farmer named Antony Fisher picked up Friedrich Hayek's "The Road to Serfdom" and had an epiphany about free markets. But when he approached Hayek about entering politics, the economist gave him curious advice: don't bother with politics-influence the influencers instead. Fisher took this to heart, made millions introducing battery-chicken farming to Britain, then founded the Institute of Economic Affairs in 1955. This think tank would eventually arrange Margaret Thatcher's first meeting with Hayek, a moment so emotional that Hayek remarked, "She's so beautiful." What began with chicken farms transformed global politics. By 1981, Fisher's Atlas Economic Research Foundation had grown into a network of over 500 free-market organizations across 90 countries. This wasn't just about spreading ideas-it was about fundamentally rewiring how we think about human behavior, trust, fairness, and what we owe each other. The revolution succeeded not through force but through a gradual encroachment of economic thinking into every corner of our lives, until concepts like "everyone has their price" stopped sounding cynical and started sounding obvious.

2

The Prisoner's Dilemma and the Death of Real Trust

3

When Wealth Became More Important Than Justice

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Why We Started Believing Government Is Always the Problem

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When Not Contributing Became the Smart Choice

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Markets in Everything - Including What Shouldn't Be for Sale

7

Reclaiming Our Humanity from Economic Logic

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"Feels effortless compared to reading. I’ve finished 6 books this month already."

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@Raaaaaachelw
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"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
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12
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108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
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star
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"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
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