By Tibor Machan: Syndicated columnist The late Peter “Lord” Bauer devoted much of his life to championing the political economy of classical liberalism for developing societies. This is what would bring them out of their wretched states, not a bunch of foreign aid and intervention by the World Bank, the International Monetary Fund or the […]
Individual freedom most important
Tibor Machan When social life becomes politicized, one is tempted to present one’s wishes to politicians and bureaucrats, because they have the power to fulfill them. For example, a resident wishes that a local restaurant not play music he doesn’t like. Even though the bureaucracies dealing with these matters gave permission for the restaurant to […]
European Union is not growing old gracefully
After the fall of the Berlin Wall, a certain sort of proud U.S. triumphalism was in vogue in intellectual circles. Our victory in the Cold War was seen as proof that after a long struggle between competing worldviews, American values had emerged supreme, and we were on our way to a planet in which liberal […]