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5:38 PM, May 8, 2012 • By GEOFFREY NORMAN

Remembering Friedrich Hayek, whose birthday is today. He was a philosopher and economist and wrote many wise things, including this:

There is all the difference in the world between treating people equally and attempting to make them equal.

George Orwell, no fan of capitalism, writing in 1944, made this point in a review of Hayek's The Road to Serfdom:

In the negative part of Professor Hayek's thesis there is a great deal of truth. I cannot be said too often – at any rate, it is not being said nearly often enough – that collectivism is not inherently democratic, but on the contrary, gives to a tyrannical minority such powers as the Spanish Inquisitors never dreamed of.

12:22 PM, Jan 13, 2012 • By DALIBOR ROHAC

In 1945, Friedrich Hayek famously predicted that economic interventionism in the West would lead to the erosion of democracy and the rise of authoritarianism. More than sixty-five years later, this prediction does not seem to have been validated.

7:30 AM, Dec 20, 2011 • By MARK HEMINGWAY

Andrew Stiles: "House Republicans Postpone Payroll Tax Vote"

Mediaite: "Sarah Palin Tells Fox Business Network That ‘It’s Not Too Late’ To Jump Into The GOP Race"

12:11 PM, Apr 28, 2011 • By MICHAEL WARREN

The folks at econstories.tv are back with round two of their entertaining and informative rap battle between economists John Maynard Keynes and F. A. Hayek. Watch it below:

7:29 AM, Feb 24, 2011 • By MARK HEMINGWAY

Obama is sitting out the union fights.

Relax, Col. Qaddafi has only "1,000 metric tons of uranium yellowcake."

"There literally is nothing the federal government cannot regulate provided there is even a hypothetical connection to the economy."

Another triumph of Obamanomics.

Jul 19, 2010, Vol. 15, No. 41 • By ANDREW B. WILSON

The Great Obamanomic Job Creation Machine rumbled into action again over the Fourth of July weekend, promising to spend as much as $2 billion to support creation of 1,585 “permanent” jobs by two solar energy companies. That comes to a potential cost of over $1.25 million per job.

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