President Obama read F. A. Hayek's The Road To Serfdom and you will understand why the European Union and now we, the United States, are going down the failed road of centralized planning. No country that has ever embarked on a complete centralized planning process has ever sustained itself in the long run. The problem is in our society, which is now becoming even more complex and large (global in nature), that it cannot master the various complexities and constantly changing local, national and global nuances. According to Hayek, a centralized government that tries control all the aspects of that society cannot do so efficiently and eventually grinds itself into the ground as a failed state.
F. A. Hayek, a Nobel laureate in economics is still a strong and reasoned voice to listen too...now 20 years after his death.
Trump Wins Budget Battle in House, Christmas Tree Bill Chopped Down
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The U.S. House passed the 118 page bill devised after Prudent -Elect Trump
trashed the 1500+ page Christmas tree alternative worked out to gain votes
fro...
13 hours ago
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