Friedrick Hayek, the comeback kid

Today’s Wall Street Journal article on Friedrick Hayek is long in coming.  Hayek is brilliant. He warned of the danger of governments artificially manipulating interest rates.  We were set up for disaster when our government, pushing home-ownership for everyone, came along with Fannie Mae and Freddie Mac. Hayek speaks of Crony Capitalism that brings with it the loss of freedom when government takes more and more control.  Read “The Road To Serfdom”.  It’s on our site.