Status Updates From The Road to Serfdom
The Road to Serfdom by
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Isaac Chan
is on page 23 of 272
Note n/n:
in the name of 'redistribution', or having it siphoned away by inflation and taxes. Thus I still broadly favour capitalism but I wonder if capitalism's effects trickle down into my immediate goals of becoming a useful team member in the bank.
— Feb 11, 2026 06:11AM
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in the name of 'redistribution', or having it siphoned away by inflation and taxes. Thus I still broadly favour capitalism but I wonder if capitalism's effects trickle down into my immediate goals of becoming a useful team member in the bank.
Isaac Chan
is on page 23 of 272
Note 5/n:
Does it even affect me tangibly any more if the world, or the country I live in, moves capitalist or socialist? I suppose all I want right now for the world is that it remains peaceful and allows economic mobility so that I can concentrate on my work (without the fear of war or geopolitical disruptions), accumulate wealth, and not having that wealth expropriated by me in the end by some slimy socialist ...
— Feb 11, 2026 06:11AM
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Does it even affect me tangibly any more if the world, or the country I live in, moves capitalist or socialist? I suppose all I want right now for the world is that it remains peaceful and allows economic mobility so that I can concentrate on my work (without the fear of war or geopolitical disruptions), accumulate wealth, and not having that wealth expropriated by me in the end by some slimy socialist ...
Isaac Chan
is on page 22 of 272
Note 4/n:
banking, the day-to-day minuscule roadblocks and troubles I face, for example getting chewed out by Gan over the 2 overdue reviews and thus stressing over the long-term ramifications this may have for my professional reputation, I reflect on how I have moved on from being an idle ideologue to a locked-in economic agent who only cares about maximizing my own utility (and also my family and SO's utility).
— Feb 11, 2026 06:10AM
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banking, the day-to-day minuscule roadblocks and troubles I face, for example getting chewed out by Gan over the 2 overdue reviews and thus stressing over the long-term ramifications this may have for my professional reputation, I reflect on how I have moved on from being an idle ideologue to a locked-in economic agent who only cares about maximizing my own utility (and also my family and SO's utility).
Isaac Chan
is on page 22 of 272
Note 3/n:
specialising in crude industries and never moving up the value chain.
These heterodox sources that I've been toying with are, of course, the 'American Capitalism: A History' course by Cornell University, and Erik Reinert's book 'How rich countries got rich, and poor countries stay poor'.
Furthermore, as I increasingly narrow my scope and limit my vision (i.e. specialising) as a lowly RM in commercial ...
— Feb 11, 2026 06:09AM
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specialising in crude industries and never moving up the value chain.
These heterodox sources that I've been toying with are, of course, the 'American Capitalism: A History' course by Cornell University, and Erik Reinert's book 'How rich countries got rich, and poor countries stay poor'.
Furthermore, as I increasingly narrow my scope and limit my vision (i.e. specialising) as a lowly RM in commercial ...
Isaac Chan
is on page 22 of 272
Note 2/n:
nationalist, whether that be Hegel, Marx, or Friedrich List. I am also troubled by this narrative because my listening to heterodox sources implant in me the idea that the British Empire did not practise what it preached: it protected its domestic industries and only preached free trade to poor nations after it had become rich and successful, to trap poor nations in Ricardian comparative advantage i.e. ...
— Feb 11, 2026 06:08AM
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nationalist, whether that be Hegel, Marx, or Friedrich List. I am also troubled by this narrative because my listening to heterodox sources implant in me the idea that the British Empire did not practise what it preached: it protected its domestic industries and only preached free trade to poor nations after it had become rich and successful, to trap poor nations in Ricardian comparative advantage i.e. ...
Isaac Chan
is on page 21 of 272
Note 1/n:
Hayek's narrative on the spread of English ideas across space - that for > 200 years (at the point of his writing), English ideas have spread eastward until 1870, when England started to become an importer of Eastern (German) ideas - is interesting, but I, as a non-historian, cannot verify it. But it does strike me for the first time that the German intellectuals do seem to be generally socialist and ...
— Feb 11, 2026 05:47AM
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Hayek's narrative on the spread of English ideas across space - that for > 200 years (at the point of his writing), English ideas have spread eastward until 1870, when England started to become an importer of Eastern (German) ideas - is interesting, but I, as a non-historian, cannot verify it. But it does strike me for the first time that the German intellectuals do seem to be generally socialist and ...
















