By Robert Higgs | Saturday May 8, 2010 at 10:09 AM PST | 22 Comments
X : I will serve the people of this district to the best of my ability. Y: I intend to look out for my own interest every step of the way, so unless you’re the highest bidder for my services, you’d better start saying your prayers now. * * * X: The people have...
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Tags: democracy, election, Elections, Government subsidies, hypocrisy, Law, Morality, politician, Politics, Power, Propaganda, Taxation, The State, Transparency
By Art Carden | at 10:00 AM PST | 3 Comments
...is either Hayek’s “The Use of Knowledge in Society” or Mises’s “Economic Calculation in the Socialist Commonwealth.” Here’s a link to Hayek’s paper, in honor of his birthday (HT: Steve Horwitz).