Gerald Celente interviewed by Judge Andrew Neapolitano. Central banks are bailing out the private sector all over the world.
In an earlier blog, I expressed my disagreement with a common criticism in libertarian circles that socialism was motivated mostly by envy and spite. I made the point that most socialists I’ve known have had honorable motives, but, in my view, are superficial in their analysis of events. I cited Michael Oakeshott to that effect.
In this debate between noted legal scholar (and former corporate attorney) Robert Bork, Hayek makes the same point, only in relation to intellectuals: They confuse the intelligible with the rational.