Socialism

Modern progressivism is based upon the notion of equity—equal outcomes. However, as Ludwig von Mises wrote, classical liberalism had its roots in liberty, which was undergirded by equality before the law.

Central planners act as sorcerers who can conjure economic prosperity through artificially increasing demand.

Based on their writings, what insights do Hayek and Mises provide about the recent election of Mamdani?

The dystopian futuristic movie Elysium portrays a terrible future in which only the rich have medical care while the poor suffer on an overpopulated, polluted planet. The film’s theme—that only huge wealth transfers can bring medical care to low-income people—is fundamentally flawed.

What will the future of New York look like under Mamdani’s mayorship? If only we had a time machine, however, given the policies, it is possible to imagine some outcomes.

The dystopian futuristic movie Elysium portrays a terrible future in which only the rich have medical care while the poor suffer on an overpopulated, polluted planet. The film’s theme—that only huge wealth transfers can bring medical care to low-income people—is fundamentally flawed.

While giddy socialists are proclaiming that Zohran Mamdani's electoral victory is the beginning of a socialist takeover of the U.S., the Democratic Socialists of America have a long way before they can complete their stated mission.

While giddy socialists are proclaiming that Zohran Mamdani’s electoral victory is the beginning of a socialist takeover of the US, the Democratic Socialists of America have a long way before they can complete their stated mission.

Henry Hazlett wrote in Economics in One Lesson that each generation has to relearn economic fallacies that government employs when implementing bad policies. New Yorkers are about to learn a lot of new lessons.

Henry Hazlitt wrote in Economics in One Lesson that each generation has to relearn economic fallacies that government employs when implementing bad policies. New Yorkers are about to learn a lot of new lessons.