2026-03-22 08:45 UTC
@pinhman@mstdn.ca @gemlog@tilde.zone @crispius@mstdn.fname.ca @SnowyCA@social.vivaldi.net
GM brought Hayek to America and published "The Road to Serfdom" as a comic book to make union-busting seem family-friendly. I'm not saying that "Austrian economics" started out as motivated reasoning, but it quickly became that.
In any case, Hayek's general point about "temporary" crisis measures fossilizing into long-term practice turns out to be a lot more cogent and relevant than the specific kinds of measures he was worrying about.
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