Government Planning Is Killing the Economy
December 26, 2012
Friedrich Hayek warned more than half a century ago that central planning doesn’t work. Here’s why: * Central Planners (government) makes a plan * The plan includes specific expectations * The expectations are never, ever, realized * A “crisis” ensues * So the planners demand more control * And create more plans * Ad hoc * Willy nilly * Capriciously * So you must wait for things to settle down to make your decision Today’s Wall Street Journal article about the fiscal cliff demonstrates the futility of central planning:
Socialism Sucks. Here’s How to Avoid It In America
October 23, 2012
Some of the “cool” kids say they like socialism. Of course they have no emotional clue what socialism is. Maybe they’ve read about socialism, seen the movies, and heard about it from their college professors—ya know, like the one who actually visited the old Soviet Union. But those sources give only an intellectual view of socialism. You can’t actually _feel _it. And life, in the end, is about feelings.