“Today the tenets of this nineteenth-century philosophy of liberalism are almost forgotten. In the United States “liberal” means today a set of ideas and political postulates that in every regard are the opposite of all that liberalism meant to the preceding...
It was on this day in 1886 that the journalist and author Rose Wilder Lane was born in a little house on the prairie that she and her mother, Laura Ingalls Wilder, would later make famous. A brilliant, moody, and independent spirit, Rose was eventually to become one...
My article "Complete Liberalism" prompted an unexpected challenge. An interlocutor, who says he owns a business and thus is not antibusiness, claimed that my article suggested that, unlike government regulators, businesses never get things wrong. Yet business failures...
The British Austrian economist W.H. Hutt was a great critic of Keynes’s economic theories. However, his speculations on why the New Economics revolution happened are even more fascinating. Hutt shows it to be a fundamentally dishonest undertaking. Keynes held a...
If we wish to understand what's wrong with today's politics, we ought to consider something F. A. Hayek pointed out long ago. It should have been obvious, but it escapes many people: namely, the more power government officials have over our lives, the more people will...
The most famous Austrian economist is 1974 Nobel laureate Friedrich Hayek. Because of his moderate views excusing state interventions in various circumstances, hardcore Rothbardians tend to regard Hayek as less than pure in many areas. However, one area where Hayek is...
At an April 23 press conference, Gov. Andrew Cuomo sounded indignant when a reporter asked if anyone had objected to New York’s policy of forcing nursing homes to admit recently discharged COVID-19 patients. “They don’t have the right to object,” Cuomo answered before...
A great deal of the coverage of the COVID-19 crisis has been apocalyptic. That is partly because “if it bleeds, it leads.” But it is also because some of the medical experts with media megaphones have put forward potentially catastrophic scenarios and drastic plans to...
It is a cliché that if we do not study the past we are condemned to repeat it. Almost equally certain, however, is that if there are lessons to be learned from an historical episode, the political class will draw all the wrong ones — and often deliberately so. Far...
You want to know why the “freedom caucus” has balked at passing the Trump-backed Ryancare health care proposal? Because the package does not address the core problem of the existing system. They are leaning – correctly – on a brilliant insight from F.A. Hayek. Let’s...
Some of our assumptions are so deeply embedded that we cannot perceive them ourselves. Case in point: everyone takes for granted that it’s normal for a country of 320 million to be dictated to by a single central authority. The only debate we’re permitted to have is...
The brutal reign of Fidel Castro strips the mask right off the face of government. Western “democracies” and “free societies” create the illusion of consent and paint a benevolent face on government. But at their core, all governments everywhere fundamentally operate...
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