The New-Old Threat to Economic Freedom by John B. Taylor - Project Syndicate

The New-Old Threat to Economic Freedom by John B. Taylor - Project Syndicate: With politicians proposing policies that would vastly expand the size of the government and its involvement in the economy, it is clear that too many Americans have forgotten the lessons of the twentieth century. As Friedrich Hayek and Milton Friedman pointed out long ago, deviating from market principles is a recipe for disaster.