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from FEE (Foundation for Economic Education)
RIGHT-CENTER BIAS, HIGH, non-profit organization
The principle that ends justify means is one where the ethics of individualists and collectivists collide, F.A. Hayek saw.
Born in Vienna on this date (May 8) in 1899, Austrian economist and political philosopher Friedrich August von Hayek lived to see almost the entirety of the 20th Century. He won a Nobel Prize for Economics in 1974 and died in 1992 at the age of 92. The 20th was perhaps the most collectivist century since the Incan Empire of the 16th—a tragic irony since Hayek offered the world some of the most trenchant criticisms of the collectivist poison. Hayek’s insights on collectivism are sprinkled throughout his many works and are expressed particularly well in his classic 1944 book, The Road to Serfdom.
How bad do job numbers have to get before Democrats realize the system they’re perpetuating is causing serious problems?
With COVID cases falling and states across the country reopening, the economy should be rebounding. But the latest jobs data show that the unemployment rate actually increased in April, ticking up to 6.1 percent. A new survey of small businesses helps shed some light on why the labor market is still stuck in a rut. The National Federation of Independent Businesses is the most prominent small business association in the US, and its new poll numbers reveal that small businesses have job openings but are desperately struggling to attract employees.
from The Spokesman-Review
Newspaper in Spokane, Washington
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