While F.A. Hayek contributed much to the Austrian School of Economics, he also supported the establishment of the welfare state, believing that it was compatible with the rule of law. Ludwig von Mises, however, knew that the welfare state is the ubiquitous slippery slope.
Hayek on the Welfare State
- September 27, 2024
- 0
- 19 Views
You Might Also Like
-
October 18, 2024
Money-Supply Growth Hit a 23-Month High, and the Fed Wants More
-
October 18, 2024
No Central Bank Wants to Stop Price Inflation
-
October 18, 2024
Kamala Harris’s Price-Fixing Scheme Would Lead to Food Shortages