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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Most of the [economics] departments came to dislike me [due to the publication of The Road to Serfdom], so much so that I can feel it to the present day. — F. A. Hayek

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