Hayek

Finally, after years of economic turmoil, of boom and bust in the global economy, the great Austrian Friedrich von Hayek (1899-1992) is making an impact as the premier challenger of John Maynard Keynes and Keynesian policies of easy money, stimulus, and Big Government. The real estate boom-bust cycle and the financial crisis of 2008 caused …

One of the best features of the holidays is that many government offices are shut down. Peace on Earth, indeed. I’m travelling for the next few days. On the roads, the police presence is minimal to none. Somehow we all get by. The private sector is humming and happy. What is the private sector? It …