Friedrich Hayek’s signature achievement, the Road to Serfdom, was published 75 years ago, and its ideas are as relevant as ever, but who would know? In the e-book A New Perspective on the Road to Serfdom, Brittany Hunter translates its most important lessons to the Millennial generation highlighting its overriding theme – only you own your life.
About Mark Shupe
Mark Shupe is a contributing author at Center for Individualism. He is also an investment strategy advisor and fitness instructor. Mark studied economics and finance at the University of Notre Dame. His writing passion includes the history of Western Civilization, the moral case for Capitalism, and the promise of Individualism.
Entries by Mark Shupe
Successful high achievers who feel like frauds are experiencing the Impostor Syndrome. Conversely, frauds who believe themselves worthy of dominion over others are immune from this condition. In both cases, this unhealthy self-awareness can have debilitating effects on societies.
Controlling the linguistic territory is the first objective toward authoritarian dominance, and it quickly worms its way into economics and finance. After all, economics is about life’s values. Now, value investing has been commandeered and redefined as creating value for the future of humankind. It is a categorical imperative. It is a duty.
The wind energy lobby and their political elites need cheap money and phony economics to sell the public on extremely expensive energy projects. The hubris of these enterprises is an open book for all activists against crony corporatism.
Israel is a country surrounded by hostile militants and in control of meager natural resources. Its strategy is to tap into the only resource that matters, the power of the human mind, and get out of the way. Its a matter of survival. This confounds the statist orthodoxy, and is ignored.
Grandiose social programs for solving urban poverty accomplish something else. Instead of offering proven economic solutions, they stroke the egos of the donor and government agency class to keep them relevant. They also deflect attention away from the unspeakable root causes.
The Tour de France is more than a sporting spectacle. It features real life examples of the things that matter for human flourishing such as teamwork, specialization, and the thinking that leads to long-term peace and prosperity.
Jerry Seinfeld said, “I don’t want my money to work hard, I want it to relax.” He is onto something. It can take a lot of work to get things very wrong. Those who place their faith in unreliable data sets built on self-fulfilling prophecies, and those who ignore the consequences of government interference, can be blindsided.
Old Havana is rich in the history of the Cuba, and distant reminders of its former sense of life. Light is finally shining on the creative and resilient people of Cuba who have spent the last 60 years faking loyalty to their socialist masters. Cuba’s Lost Generation are now in their 50s, ready to show the world their resilience as did Hemingway’s Lost Generation of 100 years ago.
The inflow of investment funds creates valuable assets, such as more machines, more factories, and increased research and development. This raises the productivity of labor (causing wages to rise), improves work conditions, and generates greater output. Americans’ standard of living increases.
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