New York Times Wrong: Free Market Ideas Have Been Alive and Well
In an article titled, Movement of the Moment Looks to Long-Ago Texts, New York Times reporter Kate Zernike provides an accurate description of the philosophical works behind the Tea Party movement that advocate for limited government involvement in the economy. She mentions Frederic Bastiat’s The Law, F.A. Hayek’s The Road to Serfdom, and The 5000 Year Leap, among others. But Zernike is wrong when she suggests the Tea Party movement “has reached back to dusty bookshelves for long-dormant ideas.”
These ideas are anything but long-dormant. Although their popularity may be … Continue Reading
Tags: Frederic Bastiat, Friedrich Hayek, Kate Zernike, Tea Party, The Law, The New York Times, The Road to Serfdom