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Is the “Do-Nothing Congress” Responsible for Job Growth?
In recent speeches President Obama has complained about the “Do-Nothing Congress” and stated this as a reason why he should get re-elected. He also has been talking about increased job growth and taking credit for this because it has occurred … Continue reading
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A Glimpse at the Coming Death Panels in the U.S.A.
We all knew that the Affordable Health Care Act, popularly known as Obamacare, would lead to lead to rationing. Shortly after Barack Obama became President, he and Nancy Pelosi began promoting such reforms–to redistribute a shrinking pie more equitably. Instead … Continue reading
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The Presumption of Reason
In this address, perhaps the last such paper he wrote, Professor Hayek elaborates on the relationship between the evolution of the moral order and evolution of reason, arguing that the latter is dependent on the former, and that rationalists, like … Continue reading
Posted in Articles, F.A. Hayek
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Fixing “Failed Capitalism” with Principled Rule of Law
Today I was referred to an article in The Times (London) by Matt Ridley titled “Yes, capitalism failed. It’s just too cosy.” What Ridley was criticizing is the “crony capitalism” that reflects our current economic systems in the US and … Continue reading
Posted in Articles, Economics, F.A. Hayek, Government
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Government and Unions: Where’s the Referee?
The culture war in the United States can be compared to one big labor dispute between employers and workers. When the 20th Century began, the United States was in the middle of a great growth of industry, and there were … Continue reading
Posted in Articles, Economics, Government
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