Michael Barone on the Founders and the Tea Parties

http://www.futureofcapitalism.com/2010/04/michael-barone-on-the-founders-and-the-tea-parties

Michael Barone has a new column this morning on what he calls a debate beween Founders and Progressives. "Americans today prefer independence to dependence on government, just as they did 200 years ago":

it became apparent that centralized experts weren't disinterested, but always sought to expand their power. And it became clear that central planners can never have the kind of information that is transmitted instantly, as Friedrich von Hayek observed, by price signals in free markets. It turned out that centralized experts are not as wise and ordinary Americans are not as helpless as the Progressives thought.

by Editor  |  Apr 1, 2010 at 8:49 am Related Topics:  Hayek, Politics, Press receive the latest by email: subscribe to the free futureofcapitalism.com mailing list