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Hayek on Individualism and Spontaneous Order

8,293 views

Marginal Revolution University

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

88%
  • 5:38 / 6:23

Speech Rate:

  • 170 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

individualism

/ˌindəˈvij(o͞o)əˌlizəm/

noun

habit or principle of being independent and self-reliant.

traditions

/trəˈdiSH(ə)n/

noun other

transmission of customs or beliefs from generation to generation. Events, customs or ways common to a people or race.

history

/ˈhist(ə)rē/

noun

Established pattern or record.

clearest

/ˈklir/

adjective

Being the easiest to understand; most obvious.

distinct

/dəˈstiNG(k)t/

adjective

recognizably different in nature.

classic

/ˈklasik/

adjective noun

judged to be outstanding. established work of art.

delivered

/dəˈlivər/

verb

To keep a promise; do what you say you would.

opening

/ˈōp(ə)niNG/

adjective noun verb

initial. space or gap allowing passage. To make a space or hole appear in something.

spontaneous

/spänˈtānēəs/

adjective

Happening on its own, without anyone helping it.

emphasizes

/ˈemfəˌsīz/

verb

To stress the items that are important.

stresses

/stres/

noun other verb

state of mental or emotional strain or tension resulting from adverse or demanding circumstances. Emphasis on parts of a word or sentence. To be in a state of mental tension due to problems.

liberty

/ˈlibərdē/

noun

Power to do what you choose.

skeptical

/ˈskeptək(ə)l/

adjective

not easily convinced.

consider

/kənˈsidər/

verb

think carefully about.

paraphrase

/ˈperəˌfrāz/

noun verb

rewording of something written or spoken. express meaning of something using different words.

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