Today’s crop of central planners and big spending politicians could learn a thing or two about economics from Henry Hazlitt’s classic bestseller, Economics in One Lesson, published in 1946. Common sense doesn’t have an expiration date.
“There is no more ...
It feels like we’re dealing with an Amy Winehouse form of governing.
“These overdoses happen because these guys drink 20 beers and then reach for their heroin,” a friend of mine said after the late star’s recent death, at 27. ...
Nobel Prize-winning economist Milton Friedman got it right about a lot of things, but he was overly optimistic when he wrote in 1990 that socialism was dead.
“Ten years ago, many people around the world believed that ...
The appeal of socialism, wrote Nobel-winning economist F. A. Hayek, “depends on the instinctual appeal of promised consequences.”
The problem, argued Hayek, is that “socialism cannot possibly do what it promises.”
Socialism fails, unavoidably, ...
Readers of the New York Times got a front-page example recently of what F.A. Hayek called “the fatal conceit” — the idea that some great mind or committee can do a better job ...
Harper’s magazine reports that Americans burn an extra 938 million gallons of gasoline each year because we’re too fat.
That estimate of how much the nation’s chubses are wasting in gas comes from a study ...
