AMERICA’S WEIMAR MOMENT

What is happening in Wisconsin, California, New Jersey, Illinois, et al — and in Washington, D.C. — should remind educated people of nothing less that the economic crisis of Weimar Germany, when governments captured by public sector workers and the apparatus of Bismarck’s redistributive state led to massive fiscal irresponsibility — and a choice between . . . → Read More: AMERICA’S WEIMAR MOMENT

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Reason is merely a discipline, an insight into the limitations of the possibilities of successful action, which often will tell us only what not to do. — F. A. Hayek

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