Saturday, May 25, 2013

F. A. Hayek

The past few days, I've been rereading The Road to Serfdom, by F. A. Hayek.  I find appealing his observation that the only real complaint against free markets is the development of the monopoly in the early third of the nineteenth century, him overcoming this argument with the economic examination that collusive contracts and public policy are the causes of monopoly, the proof behind this being that the more advanced economies were the last to see development of monopolies.  Socialist countries created the environment conducive to monopolies, not the capitalists.

Hayek seems to leave a carrot of possibility for those desiring public health insurance, and this bothers me, him being the Noel Laureate intellectual offspring of Ludwig von Mises.

Mahatma Gandhi's philosophical anarchism to libertarian socialism also opens doors I do not care for.  Luckily, Gandhiji was always happy to see a new track open up in his philosophy, so my Austrian streak is quite welcome in the Gandhian school of thought.

Gene Chapman,
Tolstoyian-Gandhian Libertarian for Texas Governor