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Source link: http://archive.mises.org/17329/cronies-crooks-and-committees/

Cronies, Crooks, and Committees

June 17, 2011 by

“The Medical Marketplace, Free and Unfree” by Andrew Foy, MD

Prior to the advent of Medicare and Medicaid, individuals paid for the majority of medical goods and services out of their own pocket and utilized health insurance as a rational tool for mitigating financial risk posed by catastrophic events.

“The Fed’s ‘Brave New World’ of Monetary Policy” by Patrick Barron

One wonders if this Fed official ever read Aldous Huxley’s chilling book.

“C.M. Kornbluth and the Syndicate” by Jeff Riggenbach

Libertarian science-fiction fans under 40 are probably at least a little unclear on just who or what the Futurians were.

“Appoint a Committee!” by Leonard Read

Human life is dependent not only on the knowledge of right principles; it relies, also, on actions in accord with right principles.

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