We have taken a detour on Hayek’s Road to Serfdom; we have managed to cede more power to the central government while retaining much of the individualism of the Constitution. This is a unique outcome in political evolution attributed to the genius of the Constitution itself combined with a unique American political culture that shrouds it. At its best progressivism expanded the promise of political equality into the economic sphere, assuring equal economic opportunity if not results; at its worst it was seduced by the false confidence of the historicists shared by its technocratic sisters in Europe.
Read More
“Humans make hierarchies of status and privilege for themselves whenever the opportunity avails itself. This is why all socialist systems that do not work within the constraints of a liberal democratic framework of the rule of law inevitably descend into tyrannies. Give the state unbridled power, and the denizens of the state will use that power toward their own ends.”
Read More
from Kevin Williams at National Review, Camino de Servidumbre But men do not like being told that they cannot do that which they wish to do, and this is particularly true of men who have a keen interest in political power.
Read More
From Robert Zubrin at Richochet, America Needs a Liberal Party: In his classic 1944 work, The Road to Serfdom, Austrian economist Friedrich Hayek, then living in exile in England, shocked readers with his diagnosis of Nazism. National socialism, he argued, was not
Read More
“What I have argued in this book, and what the British experience convinces me even more to be true, is that the unforeseen but inevitable consequences of socialist planning create a state of affairs in which, if the policy is
Read More
“We are ready to accept almost any explanation of the present crisis of our civilization except one: that the present state of the world may be the result of genuine error on our own part and that the pursuit of
Read More
The more we depend on the government to make market decisions, the more we replace individual choice with political power. This requires more reliance on lobbyists to protect individual and special interests. A market based economy is more tolerant of
Read More
a very clever way to explain modern economics- the second video is a follow up and an explanation of how the video developed.
Read More
Recent Comments