Finally, here is an edition of Road to Serfdom that does justice to its monumental status in the history of liberty. It contains a foreword by the editor of the Hayek Collected Works, Bruce Caldwell. Caldwell has added helpful explanatory notes and citation corrections, among other improvements. For this reason, the publisher decided to call this “the definitive edition.” It truly is.
Memo to Conservatives: Quit Apologizing for Capitalism
Everywhere we turn these days, it seems, leftists are undermining and attacking capitalism on moral grounds. Their criticisms are directed not at merely certain corrupt corporations or individuals who abuse the system, but at the system itself.
Sadly, few conservatives, even conservative Christians, are willing or prepared to defend capitalism’s virtues. Rather than tout it in terms of liberty, they sheepishly apologize for its allegedly inherent greed.
Is Envy More Important than Prosperity?
New York Congressman Anthony Weiner is making a name for himself.
He wants taxes raised on wealthy Americans and is one of the more vocal opponents to the deal that would retain current tax rates for everyone.
“An estate tax cut for millionaires adds exactly zero jobs. A tax cut for billionaires – virtually none,” says the congressman.
But what does Weiner know about job creation, about work, about being an entrepreneur?
Thatcher’s Britain returns 20 years after she fell
Britain is moving further to the Right after 13 years of Labour, it is disclosed today, as the public’s views on welfare become tougher than when Baroness Thatcher was prime minister.
Adam Smith(1723-1790)
With “The Wealth of Nations” Adam Smith installed himself as the leading expositor of economic thought. Currents of Adam Smith run through the works published by David Ricardo and Karl Marx in the nineteenth century, and by John Maynard Keynes and Milton Friedman in the twentieth.
Conservative vs. Liberal-An exercise
Most of the debate among liberals and conservatives in the United States is over specific issues, but very little attention is given to the underlying ideals and principles behind these ideologies. We state our case to support or oppose this or that, and we argue with people who disagree, but we almost never bring the argument down to the underlying political attitudes behind our opinions. As such we often misunderstand or mischaracterize each others’ positions, and the result is deep political polarization and a virtual inability to find common ground with one another. I think that a discussion about the fundamental differences between liberalism and conservatism is well worth having.
An Oasis of Civilization in a Desert of Barbarism
The State of Israel is a modern incarnation of one of the ancient sources of today’s civilization. Our civilization — Western Civilization — traces its origins to the confluence of Judaic, Hellenic, and Roman cultures in what eventually became Christian Europe.
Death Orders-The Vanguard of Modern Terrorism in Revolutionary Russia
A 21-year-old woman walks into a police headquarters, a normal occurrence most days, except for this one. Thirteen pounds of explosives and a detonating device are attached to her body underneath her clothes. But before she has the chance to blow herself up along with the building and everyone in it, she is, fortunately, apprehended.
Crony Car Capitalism
Several recent revelations bring home just what a cesspool of crony capitalism the American auto industry has become. The Obama administration and the UAW (Obama’s major financial and political supporter) are running the show.