The Rise of The Autocratic

The autocrat problem Prime Minister Viktor Orban of Hungary has used the coronavirus crisis as an excuse to further centralize authority. The European Union seems to be functioning better than the United States in some big ways right now. Europe has been far more...

Henry Ford and the $5 wage

He says Ford proved that higher wages led to more productivity, which in turn was good for business. That positive feedback loop gave rise to a broad, prosperous middle class. But over the years, waves of economic pressures and political changes have broken that link....
Hayek’s Biggest Ideas

Hayek’s Biggest Ideas

Five of Hayek’s Biggest Ideas F. A. Hayek has had a lot of great thoughts.  I’d thought it would be useful to layout 5 of Hayek’s biggest Ideas. Friedrich August von Hayek (1899-1992) is today glorified by freedom lovers all around the world....