RONALD REAGAN — RHETORIC VS REALITY

By Greg Ransom, on February 4th, 2011%

Jeff Riggenbach has the numbers.

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Hayek on deficits and the Reagan tax cuts

By Greg Ransom, on August 1st, 2010%

F. A. Hayek interviewed by the NY Times, Dec. 1, 1982:

“On the scale on which [tax cutting] is being tried, I’m a little apprehensive.  I’m all for reduction of government expenditures but to anticipate it by reducing the rate of taxation before you have reduced expenditure is a very risky thing to do.”

“The . . . → Read More: Hayek on deficits and the Reagan tax cuts

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blogs: Stacy McCain Is Taking This “Public Intellectual” Thing

By Greg Ransom, on April 9th, 2009%

And running with it.  McCain explains why “Reaganism” without Hayek and Mises is not really Reagan.

Money quote:

if you haven’t read Hayek and Mises and the other economic thinkers who influenced Reagan, you are missing a fundamental cornerstone of Reagan’s worldview.

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A complex civilization like ours is necessarily based on the individual’s adjusting himself to changes whose cause and nature he cannot understand: why he should have more or less, why he should have to move to another occupation, why some things he want should become more difficult to get than others, will always be connected with such a multitude of circumstances that no single mind will be able to grasp them. — F. A. Hayek
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