All Posts Tagged With: "fatal conceit"
The Roads to Modernity: the British, French, and American Enlightenments
In 1945, Austrian economist F. A. Hayek delivered a lecture on what he called “Individualism: True and False.” The gist of his argument was that there had been a great deal of confusion and misunderstanding concerning the relationship between the individual and society, both in terms of social theory and practical politics. He juxtaposed what [...]
7Jul2010 | Richard M. Ebeling | 2 comments | ContinuedA Failure of Capitalism: The Crisis of ’08 and the Descent into Depression
Richard Posner’s latest book belongs to the fast-expanding cottage industry of financial crisis books. A federal judge with a grounding in economics, Posner would seem to be an ideal person to tackle this complicated subject. Alas, he provides neither fresh material nor an interesting perspective. Posner describes well-known events—the failure of investment banks Bear Stearns [...]
5Jan2010 | Chidem Kurdas | 1 comment | ContinuedA Market Based Approach?
I live in a small town, Garner, NC, which is right next to my state capital, Raleigh. There has been tremendous growth in the area. The other small towns are “revitalizing” their downtowns and, unfortunately, my town wants to do the same.In a letter to the local newspaper, the Executive Director of the Garner Revitalization Association [...]
11Nov2009 | Paul Cwik | 4 comments | ContinuedArrogance
It’s crazy for a group of mere mortals to try to design 15 percent of the U.S. economy. It’s even crazier to do it in a few months. Yet that is what some members of Congress presumed to do. They intended, as the New York Times put it, “to reinvent the nation’s health care system.” [...]
23Sep2009 | John Stossel | 17 comments | ContinuedF.A. Hayek and the Fatal Conceit of Barack Obama
Steve Horwitz, a frequent FEE lecturer and Freeman author, has a must-read op-ed in the Richmond Times-Dispatch on Barack Obama’s “fatal conceit.” Read it here.
4Aug2009 | Sheldon Richman | 2 comments | ContinuedBook Review: The Good Life and Its Discontents: The American Dream in the Age of Entitlement by Robert J. Samuelson
Times Books • 1995 • 293 pages • $25.00 Dr. DiLorenzo is professor of economics at Loyola College in Maryland. The Good Life and Its Discontents, by journalist Robert J. Samuelson (no relation to the economist Paul Samuelson), is a well-written exposition of some of the failures of interventionist economic policy over the past 50 [...]
1Jan1997 | Thomas J. DiLorenzo | 0 comments | Continued-
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