Here we have the heart of the difference between Hayek and Keynes: one knew that markets work to give us the best of all possible worlds, while governments create and exacerbate malfunctions; the other imagined that governments were somehow capable of both perceiving and correcting malfunctions by means of the printing press, provided the right technocrats are in charge.
Jeffrey TuckerMorals do not come from the state and society. Morality deals with weightier matters that measure our thoughts, words, and deeds against universals that are true regardless of time and place.
Jeffrey TuckerThe goal of intellectual life should be to see and understand what is true, not merely to adhere to a prevailing orthodoxy.
Jeffrey TuckerThe primary contribution of government to this world is to elicit, entrench, enable, and finally to codify the most destructive aspects of the human personality.
Jeffrey TuckerNow, Iโm not saying that we donโt need rules in society. But the question of who makes the rules and on what basis becomes supremely important. Will the rule-making flow from the matrix of voluntary exchange based on the ethic of serving others through private enterprise? Or will the rules be made and enforced by people wearing guns and bulletproof vests with a license to shock or kill based on minor annoyances?
Jeffrey Tucker