Free Republic

Government is taking us a long way down the Road to Serfdom. That doesn't just mean that more of us must work for the government. It means that we are changing from independent, self-responsible people into a submissive flock. The welfare state kills the creative spirit. F.A. Hayek, an Austrian economist living in Britain, wrote "The Road to Serfdom" in 1944 as a warning that central economic planning would extinguish freedom. The book was a hit. Reader's Digest produced a condensed version that sold 5 million copies. Hayek meant that governments can't plan economies without planning people's lives. After all,...

Does Government Run the Economy? President Bush received some criticism last week after holding an economic forum in Waco. The forum was intended to bring business and civic leaders together with the President to discuss America’s economic problems, but the press dismissed the whole affair as nothing more than a photo-op for the President with a hand-picked friendly audience. The message from the pundits was clear: the President is all talk, but we need action by the government to restore prosperity. So what exactly would critics have the President do to "fix" the economy? Presumably they believe he should propose...