Obamacare, free speech & the rule of law

Themes straight outta The Road to Serfdom … ht Instapundit. More on the same topic from Michael Barone.

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My main contention is that the tautologies of which formal equilibrium analysis in economics essentially consists can be turned into propositions which tell us anything about causation in the real world only in so far as we are able to fill those formal propositions with definite statements about how knowledge is acquired and communicated. — F. A. Hayek

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