Tuesday, February 18, 2014

WORTH RE-STATING FROM AN INSIDER'S PERSPECTIVE

Kenneth Minogue is a past president of the Mont Pelerin Society and in this book review in the WSJ, he re-states a critique of F. A. Hayek that I made before:
Hayek, however, was convinced that even the mild social democracy of Clement Attlee's welfare state in Britain, in the late 1940s, would eventually degenerate into something resembling the totalitarian extremes of the Soviet system.
Today, thinkers such as Glenn Beck & Mark Levin carry on the Hayekian tradition of crying wolf.

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