Tag Archives: Central Planning

Read or listen to F. A. Hayek’s classic book “The Road to Serfdom” for free

No matter where you go, more freedom means more prosperity
No matter where you go, more freedom means more prosperity

I want to recommend to everyone a famous book about how socialism leads to mass murder by government. The book is written by Nobel prize winner F. A. Hayek. This is one of my favorite books on economics. The full PDF of the book is available for download on archive.org.

The audio version is available FOR FREE on YouTube:

Outline:

  • 00:17 Foreword
  • 37:58 Preface
  • 41:51 Preface 1976
  • 50:09 Introduction
  • 1:08:46 Ch1 The Abandoned Road
  • 1:37:31 Ch2 The Great Utopia
  • 1:54:46 Ch3 Individualism and Collectivism
  • 2:18:32 Ch4 The Inevitability of Planning
  • 2:45:52 Ch5 Planning and Democracy
  • 3:20:06 Ch6 Planning and the Rule of Law
  • 3:54:33 Ch7 Economic Control and Totalitarianism
  • 4:23:01 Ch8 Who, Whom
  • 5:00:49 Ch9 Security and Freedom
  • 5:31:27 Ch10 Why the Worst Get On Top
  • 6:11:01 Ch11 The End of Truth
  • 6:38:41 Ch12 The Socialist Roots of Nazism
  • 7:09:40 Ch13 The Totalitarians in Our Midst
  • 7:54:43 Ch14 Material Conditions and Ideal Ends
  • 8:33:17 Ch15 The Prospects of International Order
  • 9:14:55 Ch16 Conclusion

All you need is 8.5 hours to listen to it. You won’t regret it, I promise. I have listened to the audiobook at least a dozen times. If that’s too long, there is a condensed version of the book.

They Hayek Center talks about condensed version of the book:

Max Eastman and the editors of Reader’s Digest wrote the condensed version of Friedrich Hayek’s “The Road to Serfdom” (pdf), which was read by millions of Americans at home and by servicemen all of the world when it was published in April of 1945.  It was the Reader’s Digest condensed version which turned Hayek’s little book into an American sensation — and Hayek into a public celebrity.  The Reader’s Digest had a circulation at the time of more the 5 million copies, and the little journal was provided to each American serviceman, at home and abroad.

[…]An additional 600,000 copies of the condensed version were later printed and distributed through the Book of the Month club and by non-profit civic groups.

Can you imagine what it would have been like to live at a time where everyone clearly understood the danger of letting government administrators centrally plan an economy? But the new generation of young Americans have lost that knowledge, and they are voting for the people who will lead them down the road to serfdom.

Harry Reid: Obamacare is “absolutely” a step towards single payer health care system

Here’s a Forbes magazine article by health care policy expert Avik Roy.

Excerpt: (links removed)

When I speak to conservatives about health care policy, I’m often asked the question: “Do you think that Obamacare is secretly a step toward single-payer health care?” I always explain that, while progressives may want single-payer, I don’t think that Obamacare is deliberately designed to bring about that outcome. Well, yesterday on PBS’ Nevada Week In Review, Senate Majority Leader Harry Reid (D., Nev.) was asked whether his goal was to move Obamacare to a single-payer system. His answer? “Yes, yes. Absolutely, yes.”

In one sense, this isn’t shocking. Reid and many other Democrats, including President Obama, have often stated that their ideal health-care system is one in which the government abolishes the private insurance market. Video of the PBS discussion isn’t yet online, but here’s how Karoun Demirjian of the Las Vegas Sun described it:

Reid said he thinks the country has to “work our way past” insurance-based health care during a Friday night appearance on Vegas PBS’ program “Nevada Week in Review.”

“What we’ve done with Obamacare is have a step in the right direction, but we’re far from having something that’s going to work forever,” Reid said.

When then asked by panelist Steve Sebelius whether he meant ultimately the country would have to have a health care system that abandoned insurance as the means of accessing it, Reid said: “Yes, yes. Absolutely, yes.”

Reid noted that he and other progressives fought hard for a “public option” in the exchanges as a Trojan horse for single-payer, but Democrats didn’t have 60 votes in the Senate to achieve it:

The idea of introducing a single-payer national health care system to the United States, or even just a public option, sent lawmakers into a tizzy back in 2009, when Reid was negotiating the health care bill.

“We had a real good run at the public option … don’t think we didn’t have a tremendous number of people who wanted a single-payer system,” Reid said on the PBS program, recalling how then-Sen. Joe Lieberman’s opposition to the idea of a public option made them abandon the notion and start from scratch.

Eventually, Reid decided the public option was unworkable.

“We had to get a majority of votes,” Reid said. “In fact, we had to get a little extra in the Senate, we have to get 60.”

Do you like the service you get at the Department of Motor Vehicles or the Post Office? How would you like to get your health care the same way? That’s what the Democrats are trying to do. We could have gone in another direction and legislated consumer-focused health care, providing an experience similar to Amazon.com – but we didn’t. We can’t keep electing communists and then acting surprised when they push us towards communism.