The book’s title, by the renowned economist F.A. Hayek intrigued me and having read his book, “The Road to Serfdom,” I downloaded it to my tablet.
While downloading this book another book, “Man vs. The Welfare State,” by another renowned economist, Henry Hazlitt, caught my attention. It was a bargain at $2.80.
Hazlitt’s skills in making economics and economic history understandable for the average American was phenomenal. It is perhaps the best, certainly the most understandable, book ever published on America’s economic history leading up to America’s current fiscal crises.
This book, I believe, should be required reading for every elected official charged with collecting and spending taxes. It also should be read by every business owner in America, and by every member of the Tea Party who doesn’t fully comprehend how America arrived at its fiscal and moral cliff.
And parents would be well advised to not only read the book but to read it to their children. Parents should remember the charge Moses gave them in Exodus 18:20 that reads: “And thou shalt teach them (children) ordinances and laws, and shalt shew them the way wherein they must walk, and the work that they must do.”
Economics are a natural law of God.
It is a short book that explains how the laws of economics affect the life of every human being.
It provides a clear history of the economic upheavals the United States have been going through for the past 100 years, beginning with the passage of the 16th and 17th amendments, amendments that fundamentally changed the economic course America’s Founding Fathers had charted with the adoption of the Constitution in 1787 and the Bill of Rights in 1791.
This book also provides a clear view of the future if America continues on it current path that has led to its current welfare state that could lead to the re-enslavement of the American people, a path caused by a near total ignorance of how America became a choice land for free people.
America is, Hazlitt pointed out, following the same path followed by Germany following World War II, a path that led to the total defeat and destruction of Germany, killing millions.
It was easy to follow how the progressives high-jacked America with their concepts of socialistic economics that has led to the current Welfare State.
This book reminded me of a talk given in 1971 by Hartman Rector titled “Ignorance is expensive.” Americans need to remember that ignorance is not only expensive but threatens their freedoms as well.
While reading this book, Cherokee County’s recent elections came to mind, elections that changed the political landscape of the county.
Calvin Hill is the only member of the county delegation left from January 2011; only three county commissioners remain; the justice system was revamped, with retirement of several judges; a new district attorney has been sworn in; and the school board has new faces with a permanent president; even the standing Congressman was gerrymandered out of the county. Few county departments remained intact.
While pondering this local political upheaval Jethro’s words to Moses in Exodus 18:21came to mind: “Moreover thou shalt provide out of all the people able men, such as fear God, men of truth, hating covetousness; and place such over them, to be rulers of thousands, and rulers of hundreds, rulers of fifties, and rulers of tens: …”
As I pondered the local political upheaval I wondered how many of today’s elected officials could pass Jethro’s standards test or if they fully understand how just deeply involved God was in the creation of America, via the Founding Fathers, especially with Thomas Jefferson.
I also wonder to what extent these newly elected leaders fully comprehend the history of America’s failing economic system.
Not only should these newly elected leaders read “Man vs. The Welfare State” but they should imprint upon their minds these words from Benjamin Franklin: “A nation of well-informed men who have been taught to know and prize the rights which God has given them cannot be enslaved.
“It is in the region of ignorance that tyranny begins.” Words wise then, even wiser today.
This book could help all Americans become better informed on all aspects of America’s economic system, even experts — because ignorance truly is expensive — and freedom threatening.
Now become an economics history expert — for only $2.80.
Donald Conkey is a retired agricultural economist in Woodstock.