Tag: Schumpeter

If taxes are the thunder of world history, what kind of history did the GOP make this past week?

Schumpeter famously said that taxes are the “thunder of world history.” So what kind of history did the Republicans make this past week? Here I am in The Guardian, answering that question with four takeaways on the GOP tax bill. The piece is a kind of digest of some of my posting on social media this past week; increasingly as some of you have noted, I’m doing more of my posting on social media rather than on the blog. If you’re not on Facebook and/or Twitter—and who can blame you if you’re not?—you’ll have missed these posts, so The Guardian piece is a good digest to look out for.

Friedrich Del Mar*: More on Hayek, Pinochet, and Chile

In my first post about Hayek and Pinochet, I quoted a statement that I had written in the Nation in 2009 and had repeated in my book The Reactionary Mind: Hayek admired Pinochet’s Chile so much that he decided to hold a meeting of his Mont Pelerin Society in Viña del Mar, the seaside resort where the coup against Allende was planned. The Mont Pelerin Society (MPS) was a group of intellectuals and activists that Hayek helped found after World War II to advance the cause of the free market. In recent years, it has become the subject of some great new scholarship; judging by the fall catalogs it looks likely to be an even hotter topic in the future. […]