Comments on: Mark Steyn Does F. A. Hayek http://hayekcenter.org/?p=1969 Celebrating the 50th Anniversary of The Constitution of Liberty Mon, 06 Sep 2010 16:25:12 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Jonathan Kay http://hayekcenter.org/?p=1969&cpage=1#comment-1075 Jonathan Kay Mon, 08 Feb 2010 11:07:50 +0000 http://hayekcenter.org/?p=1969#comment-1075 I wonder if "rule by the people" is not over-rated, (remember how the Weimar Republic ended). The point being made is that most economic activity occurs in the private sector, and jobs are created by businesses, (even Obama admits that). Business people like things to be predictable and rule-based rather than chaging at the whim of the masses, or the leaders who claim to represent them. I wonder if “rule by the people” is not over-rated, (remember how the Weimar Republic ended).

The point being made is that most economic activity occurs in the private sector, and jobs are created by businesses, (even Obama admits that). Business people like things to be predictable and rule-based rather than chaging at the whim of the masses, or the leaders who claim to represent them.

]]> By: Tom West http://hayekcenter.org/?p=1969&cpage=1#comment-1072 Tom West Thu, 04 Feb 2010 22:50:30 +0000 http://hayekcenter.org/?p=1969#comment-1072 In many ways an electorate are a lot more fickle than most individual lawmakers who remain fairly static in their outlook over a lifetime. I think what Mark Steyn is implying is don't invest in democracies, where the laws are likely to change (if the democracy is reflecting the will of the people) each election cycle. After all, if the laws changed to favor business in Ireland, they could just as easily change back. I think he'd suggest Singapore which has the advantage of being a functional dictatorship with a compliant population. In many ways an electorate are a lot more fickle than most individual lawmakers who remain fairly static in their outlook over a lifetime.

I think what Mark Steyn is implying is don’t invest in democracies, where the laws are likely to change (if the democracy is reflecting the will of the people) each election cycle. After all, if the laws changed to favor business in Ireland, they could just as easily change back.

I think he’d suggest Singapore which has the advantage of being a functional dictatorship with a compliant population.

]]> By: Nick Rowe http://hayekcenter.org/?p=1969&cpage=1#comment-1069 Nick Rowe Sun, 31 Jan 2010 20:34:59 +0000 http://hayekcenter.org/?p=1969#comment-1069 Greg: Yep. But it would have been better if Mark Steyn had asked: "Why would a small business *invest*?" rather than "...take on a new employee?" Greg: Yep. But it would have been better if Mark Steyn had asked: “Why would a small business *invest*?” rather than “…take on a new employee?”

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