By Steve Horwitz: Posted on the Coordination Problem Blog Site. This is from a 1934 Cobden Memorial lecture of Gustav Cassel’s entitled “From Protectionism through Planned Economy to Dictatorship”: Planned economy will always tend to develop into Dictatorship…[because] experience has shown that representative bodies are unable to fulfill all the multitudinous functions connected with economic [...]
Tag Archives: Dictatorship
Lost Wisdom: Gustav Cassel on Economic Planning
Posted in Socialism, Tyranny Also tagged F. A. Hayek, Gustav Cassel, Planned Economy, Steve Horwitz, Tyranny Leave a comment
The Average Age of the World’s Greatest Civilizations has been 200 Years!
I remember reading this quote back in my college days…it’s haunting to run across it again as we discuss stealing a trillion dollars from Peter to pay Paul… A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public [...]
Posted in Democracy, Dictatorship Also tagged Democracy, Government Largesse, Public Treasury 3 Comments
