Ahead of his panel on Corruption and Poverty in Latin America at LibertyCon Europe, Juan Carlos Hidalgo, former policy analyst at the Cato Institute talks about why Latin America has so many cases of corruption, the recent protests in Chile and other countries around the world.
Over 100 million Americans will turn their attention to Houston this weekend, as Tom Brady suits up against the Atlanta Falcons for his record seventh Super Bowl. But, according to the NFL, it’s not just the Patriots’ quarterback who will be looking to make it big in Houston. The real winner is supposedly the city […]
Here are three movies that can help to demonstrate the concept of public choice theory in action.
As Hayek explained, adherence to principle means that there are some things one will not do to attain one’s ends. Such an individual is at a disadvantage in the winner-take-all process that determines who wields political power.
As Hayek long argued, a free society is governed by general, abstract rules that are equally applicable to all persons, including government actors.
Duke University’s great historian of thought and Hayek scholar Bruce Caldwell sent the following e-mail to me, which I share here with Bruce’s kind permission (link added): Has anyone in the blogosphere noticed the chilling similarity between Hayek’s description in the Road To Serfdom (in the chapter titled “Why the Worst Get on Top“) of […]