Venezuela Meets Hayek

Kevin Williams in National Review writes Venezuela’s Future- and Ours: I have long argued that about half of our political disagreements are simply cases of failing to agree about the meaning of a word. Socialism is defined by central planning, which is to say...

The Unluckiest Political Movement

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. Hayek believed that efforts to impose central...

Hayek Predicts Venezuela

Kevin Williamson makes an interesting distinction between the welfare state and socialism. from National Review, Camino de Servidumbre There are two ways of thinking about economics: Many progressives (and many right-wing populists) believe that economics is less of a...

Venezuelan Pragmatism

From National Review’s Jonah Goldberg, Throw Away the New Playbook: What he meant by this is that sometimes you can’t be told something, you have to see it or experience it for yourself. I could write a dozen different columns on this quote (actually, I think I...

Bernie’s Road to Serfdom

from Bret Stephens at The Wall Street Journal, What’s Socialism, Dad? When Venezuelan President Hugo Chávez died in 2013, an obscure U.K. parliamentarian tweeted, “Thanks Hugo Chavez for showing that the poor matter and wealth can be shared. He made massive...