Tag Archives: F. A. Hayek

How I got interested in the relationship between Christianity and economics

I listened to all the lectures of this course by the Christian philosopher Ronald H. Nash. He presents a view of economics that is consistent with the laws of logic and the Bible. And this course is comprehensive. I’ve moved on from Dr. Nash’s course to read F. A. Hayek and Thomas Sowell. And I found that Dr. Nash’s course was excellent preparation for these more advanced books.

Take a look at some of the topics:

  • the role of the government in regulating commerce
  • the meaning of justice
  • capitalism and socialism
  • interventionism vs free market capitalism
  • introduction to economics
  • marxism
  • wealth and poverty
  • liberation theology and the religious left
  • judicial activism vs legal positivism
  • pollution
  • public education

You can grab the lectures here.

A little blurb about Dr. Nash

Nash taught theology and philosophy for four decades at three schools. He was chairman of the department of philosophy and religion and director of graduate studies in humanities at Western Kentucky University, where he was on faculty from 1964-91. He was a professor at Reformed Theological Seminary from 1991-2002 and at Southern Baptist Theological Seminary from 1998-2005.

Nash wrote more than 35 books on philosophy, theology and apologetics, including “Faith & Reason: Searching for a Rational Faith,” “Life’s Ultimate Questions” and “Is Jesus the Only Savior?” Nash received his Ph.D. from Syracuse University; his master’s degree from Brown University; and his undergraduate degree from Barrington College.

From this Baptist Press article.

It’s official: Obama’s socialism will lead to fascism

Homeland Security's new enemy!
Homeland Security's worst enemy! (H/T Nice Deb)

Looks like Obama suspended the war on terror abroad… only to start it up again… at home!

What is fascism and how is it caused?

Fascism is the political system that results when the state imposes its values on its citizens and represses individual values. The traditional view of free-market capitalist conservatives is that socialist efforts to “fix” financial inequalities by redistributing wealth in a planned economy inevitably ends in fascism. This is despite the fact that fascism is never the desired or intended result of well-meaning socialists.

This thesis is presented in a famous book called “The Road to Serfdom“, written by Nobel prize winning economist F.A. Hayek. This is the book that guided champions of free-market capitalism and individual liberty such as Ronald Reagan, Margaret Thatcher, and today, Stephen Harper.

What the Department of Homeland Security wrote

Let’s take a look at the latest report from Barack Obama’s Department of Homeland Security.

Michelle Malkin has the complete story here. (H/T The Western Experience)

Yesterday, Roger Hedgecock and the Liberty Papers posted an unclassified DHS Office of Intelligence and Analysis report titled:

Rightwing Extremism: Current Economic and Political Climate Fueling Resurgence in Radicalization and Recruitment.

The “report” (PDF file here) was one of the most embarrassingly shoddy pieces of propaganda I’d ever read out of DHS. I couldn’t believe it was real.

…I spent the day chasing down DHS spokespeople…[and] the press office got back to me and verified that the document is indeed for real.

Below, Michelle has the actual quotes from the DHS report.

Here are some questions for you:
Are you for federalism? Are you for limited government? Are you for immigration law enforcement? Are you pro-life?

If you answered “yes”, then the Obama regime thinks that you are a potential terrorist:

Rightwing extremism in the United States can be broadly divided into those groups, movements, and adherents that are primarily hate-oriented (based on hatred of particular religious, racial or ethnic groups), and those that are mainly antigovernment, rejecting federal authority in favor of state or local authority, or rejecting government authority entirely. It may include groups and individuals that are dedicated to a single issue, such as opposition to abortion or immigration.

Here are some more questions for you:
Are you a free-market capitalist? Are you in favor of personal responsibility? Are you for legal firearm ownership?

If you answered “yes”, then the Obama regime thinks that you are a potential terrorist:

Rightwing extremists are harnessing this historical election as a recruitment tool. Many rightwing extremists are antagonistic toward the new presidential administration and its perceived stance on a range of issues, including immigration and citizenship, the expansion of social programs to minorities, and restrictions on firearms ownership and use. Rightwing extremists are increasingly galvanized by these concerns and leverage them as drivers for recruitment. From the 2008 election timeframe to the present, rightwing extremists have capitalized on related racial and political prejudices in expanded propaganda campaigns, thereby reaching out to a wider audience of potential sympathizers.

And there’s more in the report:

Over the past five years, various rightwing extremists, including militias and white supremacists, have adopted the immigration issue as a call to action, rallying point, and recruiting tool. Debates over appropriate immigration levels and enforcement policy generally fall within the realm of protected political speech under the First Amendment, but in some cases, anti-immigration or strident pro-enforcement fervor has been directed against specific groups and has the potential to turn violent.

And more:

DHS/I&A assesses that rightwing extremists will attempt to recruit and radicalize returning veterans in order to exploit their skills and knowledge derived from military training and combat. These skills and knowledge have the potential to boost the capabilities of extremists—including lone wolves or small terrorist cells—to carry out violence. The willingness of a small percentage of military personnel to join extremist groups during the 1990s because they were disgruntled, disillusioned, or suffering from the psychological effects of war is being replicated today.

And more:

DHS/I&A will be working with its state and local partners over the next several months to ascertain with greater regional specificity the rise in rightwing extremist activity in the United States, with a particular emphasis on the political, economic, and social factors that drive rightwing extremist radicalization.

The Anchoress, unlike me, is more calm and circumspect. But, with her characteristic perceptiveness, she adds this warning:

Dissent – normal, healthy political dissent – which was “patriotic” just six months ago, and expressed without encumbrance throughout our history (until now) seems to be under attack….

As some of us have noted, everything that was projected on to the Bush administration is finding real expression in the Obama administration. I’m still waiting for the part where those who predicted that “Bush will declare martial law and never allow another election” pooh-pooh the right who say it of Obama. You know it will happen.

So, you see…we’re in a bad place, in these United States.

So let’s be clear. In my opinion, the United States is now on the road to fascism. Every single person who voted for Obama put us on that road to fascism. The United States of the Founding Fathers has been obliterated by the government-run schools, the leftist media, and our own invincible hedonism. Our liberty, and the liberty of nations struggling against socialism, (i.e. – fascism), worldwide, is now in jeopardy.

To end on a positive note, Open Market has something hopeful to say about possible remedies:

Government agencies that investigate people for their “politically incorrect” views can be held liable for violating the First Amendment, as happened in White v. Lee (2000), where a federal appeals court held that federal fair-housing officials could be sued individually for punitive damages for investigating citizens who spoke out against a group home for the disabled (in that case, mentally-ill substance-abusers).

Let’s hope that Bush appointed enough strict constructionist judges, he was pretty good at doing that.

Further study

Nice Deb is making light of the story here by comparing Democrats like Obama’s friend Bill Ayers, (a non-terrorist who just tried to blow some innocent people up), with authentic terrorists like little Republican girls who still believe in the Constitution.

Here are books on liberty that people today don’t read, but they should. They really should. Because God knows, those secularist socialists in the government, and the people who voted them in, sure haven’t. Atheistic communism lead to the deaths of 100 million people in the 20th century alone. Is that what we have to look forward to in this country? Ideas have consequences.

An abridged version of The Road to Serfdom is here.

UPDATE: Michelle Malkin’s syndicated column is here.

Colombia hosts international banking conference and signs free trade deals

This story has two parts. First of all, take a look at this IBD article that explains how the USA was able to transition Colombia’s economy away from drug-trafficking with a plan called “Plan Colombia”. The Democrats deserve all the credit for this plan, because it was initiated by Clinton and supported by Joe Biden. It has been a huge foreign policy victory for the USA.

Let’s take a look:

…Colombia is no longer the narco-trafficking hellhole it once was, but a bright Latin American success story.

Plan Colombia not only went after traffickers, but also root causes of conflict, professionalizing the military and offering the population alternatives to trafficking.

IBD is hoping that the lessons we learned in Colombia can be applied in other places like Mexico and and Afghanistan, where similar drug-related problems abound. But wait! All is not well. For Obama has decided to undermine Plan Colombia by reneging on the last step of the plan. Obama is refusing to sign a free trade deal with Colombia!

But we don’t see how the reality of victory can truly be achieved so long as Congressional Democrats undermine the final step in Plan Colombia’s victory plan, which is free trade with the U.S.

It’s the last step in the process of offering an alternative development path, over drugs and terror. Protectionist Democrats in Congress, in hock to Big Labor cash, still refuse to allow even a vote.

That’s right. After all this work on Plan Colombia, we are about to throw away all the fruits of our labor by refusing to allowing American companies to sell to Colombia, and allowing American taxpayers to buy cheaper, higher quality Colombian goods. Free trade is good for us, good for them, and good for world peace. But I guess it’s not good for Obama’s special interest groups.

And this has implications for Afghanistan, a country desperately trying to break away from an economy based on drug-trafficking:

Worse, it has potential to undercut victory in Afghanistan. Afghanis can see how hard Colombians worked with Americans to make Plan Colombia succeed. They can see how the program addressed not only military tasks, but social ones, which end in free and legal trade with the vast U.S. market.

…For Colombia, the promise was the free trade that Democrats are now reneging on. Democrats are snatching defeat from the jaws of a victory they could claim as their own and extend to Afghanistan. All they have to do is keep their promises.

But Colombia isn’t about to take this garbage from the President-Teleprompter. They’re going to fight back! Check out this IBD article that explains what Colombia is trying to do to avoid rolling back all the progress they’ve made against the drug traffickers. They’ve hosted an international conference of bankers to try to diversify their economy.

Excerpt:

Colombia asserted itself on the international stage last week, with the 50th annual governors’ meeting of the Inter-American Development Bank in Medellin. Some 6,000 bankers and businesspeople came.

…Corporate titans from Brazil, Spain, Japan, China and Germany were present along with the bankers, having invested $8.5 billion in Colombia in 2008.

But wait! One country barely even showed up! Which one? It’s the country that angers the world by opposing free trade. The country that was warned about its ignorant and destructive economic policies by former communist basket-cases like China and Russia. Who is it?

Let’s see:

A few U.S. executives were present too, but the Americans seemed overshadowed by the others.

It isn’t surprising, because Colombia is rapidly moving to diversify its trading partners, signing deals with China, Japan, Korea, the European Union, Canada and Central America, following Chile’s model of signing free-trade deals with all comers.

The U.S., with its Colombia free-trade agreement still on ice in Congress, was the only country that looked isolated and out of tune with the world without its pact.

But the IBD article does end on a hopeful note: there are signs that the free trade deal may be back on the table. We can only hope.

Further study

This previous post I wrote links to an article by economist Robert P. Murphy, published by the Institute for Energy Research. The article warns about the dangers of carbon tariffs and the benefits of free trade. I highly recommend it to those who do not understand whyy free trade matters for our economic growth and prosperity. And that includes jobs.