Hayek still speaks to us today about the nature of democratic ways of relating to the rule of law, the structure of government, the role of public policy, and the promise of an international order of cosmopolitan liberalism.
Regardless of the intentions or naïve beliefs, a system of democratic socialism cannot escape imposing commands and controls over economic life any noticeably different than those that were in existence in the old Soviet Union.
The classical liberal must remake the moral case for individual liberty and the individual rights without which freedom cannot last in the long run – and remake the case for why the paternalism of socialism and the welfare state leaves us less human than we can or should want to be.
The data alone tell the story no one wants to hear. Continued economic growth does not so much allow as require the inclusion – indeed the expansion – of the number of undocumented immigrants on American employment rolls.
When positive change finally does come to Venezuela, the nation will have its chapter of the Bastiat Society to thank for growing and maintaining the bottom-up foundation of a free market economy.
For two weeks in France, and now Belgium and the Netherlands, a European Spring has been building. What we see in Paris today might be the end of social democracy as we know it, and what comes in its place is what the battle of ideas today is really about.