Monthly Archives: September 2010
— has a bust of Friedrich Hayek in the lobby of his corporate headquarters.
their #1 favorite conservative book. Hayek’s The Constitution of Liberty ranks #9.
If Hayek had know the facts, perhaps he would have located the principle source of the Depression in France, and not so much in America. Based on later, better data, Hayek concluded that the length and depth of the Depression … Continue reading
Themes straight outta The Road to Serfdom … ht Instapundit. More on the same topic from Michael Barone.
The growth of wealth comes via the accumulation of capital — i.e. ever more productive and mutually coordinated production goods, created by skilled and intelligent workers and entrepreneurs. It doesn’t come via the accumulation of debt or via the consumption … Continue reading