PRESTOPUNDIT -- A Good Blog at a Great Price. Guaranteed.

Thirty five years of REASON and 35 Heroes of Freedom. Including:

Friedrich Hayek. He mapped the road to serfdom during World War II and paid a steep price -- decades-long professional isolation -- for daring to suggest that social democracy had something in common with collectivist tyrannies of the right and left. The economist-cum-philosopher lived to see his arguments vindicated by the failure of the Third Way and even took home a Nobel Prize in 1974. Building on the work of that other great Austrian economist, Ludwig von Mises, and combining a respect for inherited wisdom with an understanding that freedom is fundamentally disruptive, Hayek showed that the uncoordinated actions of individuals generate wonders -- market prices, language, scientific progress -- that the deliberate designs of central planners never could.